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When the price of rings was $32 each, the jewelry shop sold 148 per month. When it raised the price to $47 each. It sold

When the price of rings was $32 each, the jewelry shop sold 148 per month. When it raised the price to $47 each. It sold 97 per month. Using the midpoint method, the price elasticity of demand for rings is

Chapter 5 - Elasticity and Its Application - Microeconomics

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