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Question 12 (5 points) Using the values in the table below calculate the arc price elasticity of demand: Price 25 Quantity 10 15 20

Question 12 (5 points) Using the values in the table below calculate the arc price elasticity of demand: Price 25 Quantity 10 15 20 E Q10Q1 15-1 (D) 20-25 2 R 2017 R- R. (M-R) 2 20-25 10-25 2 -05 O-IN

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