Consumers buy 100 bags of apple when the price is $3/lb. They buy 90 bags when the price is $3.60le. |. What is the point
Consumers buy 100 bags of apple when the price is $3/lb. They buy 90 bags when the price is $3.60le. |. What is the point elasticity of demand at the price $3? ll. Compute the arc elasticity between $3-$3.6. Show your calculation steps
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