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a. It is observed that when the price of pizzas is $16 per pizza, 100 pizzas are sold; when the price falls to $12 per
a. It is observed that when the price of pizzas is $16 per pizza, 100 pizzas are sold; when the price falls to $12 per pizza, 120 pizzas are sold. Calculate price elasticity of demand
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
