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Exercise 2: If the price of one pizza is 4 riyals, and the quantity demanded is 8. When the price increases to 6 riyals,

Exercise 2: If the price of one pizza is 4 riyals, and the quantity demanded is 8. When the price increases to 6 riyals, the quantity demanded decreases to 4. Answer the following: 1- Calculate the price elasticity of demand. 2- What type of elasticity is this, and why?

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