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Suppose next year the price of cowboy boots falls from an average of $209 to $179 in New Mexico. If quantity demanded increases from 391,007

Suppose next year the price of cowboy boots falls from an average of $209 to $179 in New Mexico. If quantity demanded increases from 391,007 to 399,810, what is the price elasticity of demand for cowboy boots in New Mexico? Group of answer choices 2.22 15.46 .14 .98 30

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