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

Fill in the values in the equation to calculate the PED for the Malabar coffee. Report area Price and quantity demanded - Malabar Price [$] 10 11.50 Quantity demanded [lb] 500 300 Input area Price Elasticity of Demand (PED) = abs ( Fill in the values in the Price Elasticity of Demand equation, which states that Price Elasticity of Demand equals absolute value of the numerator divided by the denominator. 40 Numerator -13 Denominator

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