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calculate price elasticity of demand (in fraction form) show work and explanation 2) At a price of $20, Big Texas Charlie's sold 8 of its

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calculate price elasticity of demand (in fraction form) show work and explanation

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2) At a price of $20, Big Texas Charlie's sold 8 of its 64 oz. Grizzler T-Bones. When the price dropped to $14, Charlie's sold 12 of the Grizzler T-Bones. Calculate the price elasticity of demand for Big Texas Charlie's Grizzler T-Bones

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