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Can you show me the steps to get the answer? Part C: Price Elasticity of Demand 11. Suppose the price elasticity of demand is -5.8,

Can you show me the steps to get the answer?

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Part C: Price Elasticity of Demand 11. Suppose the price elasticity of demand is -5.8, and the price increased by 15%. By what percentage did the quantity demanded change? Be sure to indicate if the quantity demanded increased or decreased. (2 points)

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