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Problem Solving Yesterday the price of pizza was Php100 a box and Michelle was willing to buy 10 boxes. Today, the price has gone up

Problem Solving Yesterday the price of pizza was Php100 a box and Michelle was willing to buy 10 boxes. Today, the price has gone up to Php150 a box and Michelle is now willing to buy 8 boxes. Is Michelle's demand for pizza elastic or inelastic? What is Michelle's elasticity of demand?

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1. Last Friday, the price of pizza was Ph 100 a box, and Michael was willing to buy 10 boxes. Today, the price has gone up to Php 150 a box, and Michael is now willing to buy 8 boxes. Is Michaels demand for pizza elastic or inelastic? What is Michael's elasticity of demand

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