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Question 11 (3 points) A retailer originally priced an e-reader at $125 and sold 1,500 units per week. After raising the price to $140,

Question 11 (3 points) A retailer originally priced an e-reader at $125 and sold 1,500 units per week. After raising the price to $140, sales dropped to 1,000 units per week. What would the item's price elasticity be? -2.11 -2.78 -1.05 -1.50 Previous Page Next Page Page 11 of 44

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