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Fill in the values in the equation to calculate the PED for the Malabar coffee. Price and quantity demanded - Malabar Price [$] 10 11.50

Fill in the values in the equation to calculate the PED for the Malabar coffee. Price and quantity demanded - Malabar Price [$] 10 11.50 Quantity 500 300 demanded [lb] Numerator 11 % Price Elasticity of Demand (PED) = abs .V Denominator %

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