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Suppose that when the price of premium jeans rose from $115 to $186, the quantity demanded decreased from 54 to 31. Using the midpoint formula,

Suppose that when the price of premium jeans rose from $115 to $186, the quantity demanded decreased from 54 to 31. Using the midpoint formula, what is the of the price elasticity of demand? Include a negative sign if applicable, and round your answer to two decimal places.

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