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A hot dog place sells 110 hot dogs when the price is 40 cents. When they raise the price to 60 cents, purchases drop to

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A hot dog place sells 110 hot dogs when the price is 40 cents. When they raise the price to 60 cents, purchases drop to 90 hot dogs. 1. What is the percentage change in purchases? 2, What is the percentage change in price? 3. What is the elasticity of demand? 4. If this place raises their price, does the revenue go up or down

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