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i. What is the elasticity at point g ? ii. What is the elasticity at point h ? (As a first step, determine what the
i. What is the elasticity at point g ? ii. What is the elasticity at point h ? (As a first step, determine what the quantity is equal to at h ) b. Use the demand curve below to answer the following questions: i. The interval elasticity of demand over the price range $2 to $4 is ii.. The interval elasticity of demand over the price range $8 to $9 is iii. The interval elasticity of demand over the price range $14 to $16 is iv. Can you determine at which point (a, b, c, d,e, or f ) elasticity is the highest? If so, which point is it? If not, what information do you need? i. What is the elasticity at point g ? ii. What is the elasticity at point h ? (As a first step, determine what the quantity is equal to at h ) b. Use the demand curve below to answer the following questions: i. The interval elasticity of demand over the price range $2 to $4 is ii.. The interval elasticity of demand over the price range $8 to $9 is iii. The interval elasticity of demand over the price range $14 to $16 is iv. Can you determine at which point (a, b, c, d,e, or f ) elasticity is the highest? If so, which point is it? If not, what information do you need
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