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Whenabdominoplastycosts were $6,400, Dr. Hurwitz treated 240 patients. When they decreased the price to $6,000, customers increased to 270 . (2) What is the elasticity
Whenabdominoplastycosts were $6,400, Dr. Hurwitz treated 240 patients. When they decreased the price to $6,000, customers increased to 270.
(2) What is the elasticity of demand forabdominoplastyusingthe midpoints formula (rounded-off to 2 decimal places)?
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