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Price (dollar's) Refer to the graph above. What is the price elasticity of demand between $4 and $2? Hint: this is an arc elasticity that

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Price (dollar's) Refer to the graph above. What is the price elasticity of demand between $4 and $2? Hint: this is an arc elasticity that is based on the average percentage change so you need to base your % calculations on the averages. 2.0 O 0.75 O 1.33 O 0.50

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