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Suppose the price of twinkies is reduced from $1.45 to $1.25 and, as a result, the quantity of twinkies demanded increases from 2,000 to 2,200.

Suppose the price of twinkies is reduced from $1.45 to $1.25 and, as a result, the quantity of twinkies demanded increases from 2,000 to 2,200. Using the midpoint method, the price elasticity of demand for twinkies in the given price range is

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