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Measuring and Using Demand MY PROGRESS - 67% Decision Point: Price Elasticity of Demand (b) Given the demand function, the current price of $8.00, and

Measuring and Using Demand MY PROGRESS - 67% Decision Point: Price Elasticity of Demand (b) Given the demand function, the current price of $8.00, and the current average quantity of 60.85, calculate the current price elasticity of demand. Type a value into the blank space provided below, and click Submit. Remember, E = |(b) x (P/Qd)| Submit PreviousNext

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