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The table shows the price and quantity demanded for running shoes. Using the Midpoint Method, what is the price elasticity of demand between point B
The table shows the price and quantity demanded for running shoes. Using the Midpoint Method, what is the price elasticity of demand between point B and point C? Note: Remember to take the absolute value of the result and round to the nearest hundredth. Rounding should be done at the end of your calculation. Point Price Quantity A $120 15,000 B $125 14,600 C $130 14,200 D $135 13,800 E $140 13,400
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