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The following table displays data about demand for smart phones. Points P 60 3.000 B 70 2.800 C 80 2,600 D 90 2,400 E 100
The following table displays data about demand for smart phones. Points P 60 3.000 B 70 2.800 C 80 2,600 D 90 2,400 E 100 2.200 110 2,000 G 120 1,800 H 130 1.600 Step 1 of 2: Using the midpoint method, calculate the price elasticity of demand from Point D to Point F. If necessary, round all Intermediate calculations and your final answer to two decimal places
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