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Karen initially charged $100 for an hour-long massage and averaged 30 clients per week. When she raised her price to $150, the number of massages
Karen initially charged $100 for an hour-long massage and averaged 30 clients per week. When she raised her price to $150, the number of massages decreased to 15 per week. What is the price elasticity of demand for her service? Show complete calculation for points.
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