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suppose a rise in the price of peaches from R5.50 to R6.50 per bushel decrease the quantity demanded from 12.500 to 11.500 bushels. the price

suppose a rise in the price of peaches from R5.50 to R6.50 per bushel decrease the quantity demanded from 12.500 to 11.500 bushels. the price elasticitt of demand is

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