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If the price of potato chips falls from $1.45 to $1.25 resulting in the quantity demanded rising from 2,000 to 2,200 bags, what is the

If the price of potato chips falls from $1.45 to $1.25 resulting in the quantity demanded rising from 2,000 to 2,200 bags, what is the price elasticity of demand? Use the method taught in lecture.

Group of answer choices

-1.00

-0.64

-2.00

-1.55

None of these are correct.

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