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Suppose the price of a good decreases from $25 to $22, and the quantity demanded increases from 210 goods to 260 goods. Using the

Suppose the price of a good decreases from $25 to $22, and the quantity demanded increases from 210 goods to 260 goods. Using the midpoint method, what is the type of elasticity in this situation? Select the best answer. Answer O Inelastic demand Unitary elasticity of demand O Elastic demand Key

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