If the price of the product goes up from $20 to $25 while the quantity demanded goes

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If the price of the product goes up from $20 to $25 while the quantity demanded goes down from 800 to 600 units per month, what is the price elasticity of demand (NOT using the midpoint formula)?

Posted Date: Jun 13, 2024 05:16 AM

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If the price of the product goes up from $20 to $25 while the quantity demanded goes

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