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When the price of a six-pack if soda increased from $18 to $22, the number of six-packs bought decreased from 30 to 20. What is
When the price of a six-pack if soda increased from $18 to $22, the number of six-packs bought decreased from 30 to 20. What is the consumer's price elasticity of demand in this case? Solve using the midpoint formula. Show all work.
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