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I'm being asked to draw a demand curve based on 3 calculations of the elasticity of demand of 3 various price points, how would I
I'm being asked to draw a demand curve based on 3 calculations of the elasticity of demand of 3 various price points, how would I go about doing that? A survey of 25 people had the following results: (the number reflects the number that said "yes" out of 25. Can you help show me how to calculate the elasticity of demand for each price point and then how to construct a demand curve based on these elasticities?
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