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PRICE (Dollars per pound) Demand 10 20 30 40 50 60 70 80 90 100 QUANTITY (Thousands of pounds of apples) socording to the midpoint

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PRICE (Dollars per pound) Demand 10 20 30 40 50 60 70 80 90 100 QUANTITY (Thousands of pounds of apples) socording to the midpoint method, the price elasticity of demand for apples between point x and point Y is approximately , which suggests that the demand for apples is between points X and Y

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