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Suppose the price of apples increases from $24 to $28, and in response quantity demanded decreases from 104 to 92.Using the mid-point formula, what is

Suppose the price of apples increases from $24 to $28, and in response quantity demanded decreases from 104 to 92.Using the mid-point formula, what is the price elasticity of demand? (Note: your answer should be correct to two decimal places; and be sure to express your answer as a positive number.)

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