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Katherine advertises to sell cookies for $4 a dozen. She sells 50 dozen, and decides that she can charge more. She raises the price to

Katherine advertises to sell cookies for $4 a dozen. She sells 50 dozen, and decides that she can charge more. She raises the price to $6 a dozen and sells 30 dozen. What is the elasticity of demand. Assuming that the elasticity of demand is constant, how many would she sell of the price were $8 a box?

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