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When the price of donuts is $1.20, the quantity demanded is 200. When the price falls to $0.80, the quantity demanded increases to 400. Given

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When the price of donuts is $1.20, the quantity demanded is 200. When the price falls to $0.80, the quantity demanded increases to 400. Given this information, and using the midpoint method, what do you know about the demand for donuts? 0 it is perfectly inelastic 0 it is elastic 0 it is unit elastic 0 it is inelastic

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