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|{Ilium price elasticity of demand for silent yelcro has been estimated at 1.1. Due to a materials shortage. available quantity Will decrease by 3%. What is the predicted percent change in price? In calculating changes, you may be tempted to use midpoints. Don't. Trust me. Rmnd the percent change to two decimal places and do not enter the 55 sign. if you predict a 1D.12556 decrease in price. enter 40.13.}