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Figure 6-2 Price led = 60 led =1 Demand & 8 Quantity Refer to Figure 6-2. The absolute value of the price elasticity of demand

Figure 6-2 Price led = 60 led =1 Demand & 8 Quantity Refer to Figure 6-2. The absolute value of the price elasticity of demand at points a and b is 1. What is the value of Pb? O $50 O $30 O $20 O $40

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