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Consider the following demand curve for lattes (not this is different than the one we had in class because the y-intercept is 10 instead of
Consider the following demand curve for lattes (not this is different than the one we had in class because the y-intercept is 10 instead of 5) P Demand for Lattes 10 8 6 4 2 D Q 1 2 3 4 5 Using the midpoint formula, what the price elasticity of demand over the segment between P=4 and P=6. Round to two decimal points, if necessary. Remember that elasticity is negative, so remember to include the negative sign.D Question 8 1 pts You are selling orange for $3 per pound. In a given day, you sell 100 pounds of oranges. What was your total revenue for that day? Enter the number below and do not include a n$ll Sig. E
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