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Using the following demand curve, what is the price elasticity of demand if the price increases from $6 to $23: P = 45 - 5Q
Using the following demand curve, what is the price elasticity of demand if the price increases from $6 to $23: P = 45 - 5Q (Round your answer to the second decimal, i.e. if the elasticity is .2433 then enter .24, and if it is 1.2563 then enter 1.26)
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
