Suppose the price of apples increases from $24 to $27, and in response quantity demanded decreases from

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Suppose the price of apples increases from $24 to $27, and in response quantity demanded decreases from 104 to 80.Using the mid-point formula, what is the price elasticity of demand?

Posted Date: Jun 25, 2024 03:06 PM

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Suppose the price of apples increases from $24 to $27, and in response quantity demanded decreases from

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