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Question 3 pts The Badger Clear water company sells water in local Madison market. When the quantity demanded is 5,000 gallons at $3.00 per gallon

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Question 3 pts The Badger Clear water company sells water in local Madison market. When the quantity demanded is 5,000 gallons at $3.00 per gallon of water, the price elasticity of demand for water is 0.5. If the price of water rises to $3.15 per gallon and price elasticity is the same, how many gallons of water will be sold at this higher price assuming elasticity is calculated using the percent change method? (please enter a numerical answer)

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