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QUESTION 7 This week you sold 70 units at a price of 20. Last week you sold 28 units at a price of 53. These
QUESTION 7 This week you sold 70 units at a price of 20. Last week you sold 28 units at a price of 53. These are two points on the demand curve for the product we're selling. Over this range, what is the price elasticity of demand for this product? (note: enter your answers as a negative number and round to 2 decimal places. Example: "3.12")
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