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Suppose the price of gasoline decreases from $4.20 to $2.40, and in response quantity demanded increases from 10400 to 11100.Using the mid-point formula, what is

Suppose the price of gasoline decreases from $4.20 to $2.40, and in response quantity demanded increases from 10400 to 11100.Using the mid-point formula, what is the price elasticity of demand?(Note: your answer should be correct to two decimal places.)

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