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Write your answers in the table below: Question Answer Question Answer Question Answer Question Answer 1 6 11 16 2 7 12 17 3 8 13 18 4 9 14 19 5 10 15 20 21 Bonus 22 Bonus 1) Assume the following information on the price of product X and quantity demanded. Price in Dollars Quantity Demanded 200 240 36,000 32,000 28,000 Compute (using the midpoint formula) the price elasticity of demand between $280 and $240. 2) Use the information in the graph below to answer the following question: SA World market U.S. market SA S Sus Price 377 654 A D Dus Millions of bell peppers per day 3 4 5 6 7 8 Millions of bell peppers If a 10-cent-per-bell-pepper tax is levied on imported bell peppers, the United States will import peppers per day. million bell

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