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Fill in the table below with your own numerical data to demonstrate price elastic demand. Refer to the data you provided. Calculate the price elasticity

Fill in the table below with your own numerical data to demonstrate price "elastic" demand. Refer to the data you provided. Calculate the price elasticity of demand using the arc elasticity (mid-point) formula. Your demand must be price "elastic". Show your work. (6 points)

Prior to the price change After the price change
Price per unit
Quantity of units sold

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