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consider two markets: the market for waffles and the market for pancakes. the initial equilibrium for both markets is the same. the equilibrium pice is
consider two markets: the market for waffles and the market for pancakes. the initial equilibrium for both markets is the same. the equilibrium pice is $6.50 and the equilibrium quantity os 35.0. when the price is $9.75 the quantity supplied of waffles is $7 and the quantity supplied of pancakes is 101. using the midpoint formula calculate the elasticity of supply for pancakes. supply int he market for waffles is
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