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Need answer to this question please Question 15 (1 point) Suppose the price of apples increases from $20 to $27, and in response quantity demanded

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Question 15 (1 point) Suppose the price of apples increases from $20 to $27, and in response quantity demanded decreases from 112 to 86. Using the mid-point formula, what is the price elasticity of demand? (Note: your answer should be correct to two decimal places.) L3 Your Answer: B

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