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The following graph shows two known points (X and Y) on a demand curve for tomatoes. (?) 10 Y Co X Demand PRICE (Dollars per

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The following graph shows two known points (X and Y) on a demand curve for tomatoes. (?) 10 Y Co X Demand PRICE (Dollars per pound) N 10 20 30 40 50 60 70 80 90 100 QUANTITY (Thousands of pounds of tomatoes) According to the midpoint method, the price elasticity of demand for tomatoes between point X and point Y is approximately , which suggests that the demand for tomatoes is between points X and Y

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