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Given the demand schedule below, determine the elasticity in the different situations. Show your solution SItuation Price Quantity Demanded I 100 350 II 125 325

Given the demand schedule below, determine the elasticity in the different situations. Show your solution

SItuation Price Quantity Demanded

I 100 350

II 125 325

III 140 305

IV 160 270

V 165 250

VI 180 220

VII 190 200

1.Situation I and II

2.Situation II and III

3.Situation III and IV

4.Situation V and VI

5.Situation VI and VII

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