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Question 4 points] Given the demand curve below: 8 80 60 a 50 40 20 50 172 d 50 40 48 Quantity 64 Note:
Question 4 points] Given the demand curve below: 8 80 60 a 50 40 20 50 172 d 50 40 48 Quantity 64 Note: Keep as much precision as possible during your calculations Your final answer should be accurate to at least two decimal places a) Whet is the slope of the demand curve? Slope b) What is the elasticity of demand between points 8 and b? Elasticity of Demand c) Whet is the elasticity of demand between points c and d? Elasticity of Demand d) At whet price is the elasticity of demand equal to 1? Price SO e) At what price would consumers spend the most on this product? Price = so f) Between what prices is demand elastic? Between SO and SO
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