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A retailer is currently charging a price of $147.52 for a Hewlett-Packard OfficeJet printer that costs him $112.00 per unit. He determines that the point

A retailer is currently charging a price of $147.52 for a Hewlett-Packard OfficeJet printer that costs him $112.00 per unit. He determines that the point price elasticity of this model of printer is 5.1 at its current price

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