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Refer to the information provided in Figure 13.3 below to answer the questions that follow. 10 (Note: Point A is the midpoint of the demand

  1. Refer to the information provided in Figure 13.3 below to answer the questions that follow.

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10 (Note: Point A is the midpoint of the demand curve) Price per unit A + + Demand 2 3 4 5 6 Pounds of cheese at At Point A the elasticity of demand is -1

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