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1. on tuesday, price and quantity demanded are $7 and 120 units, respectively. ten days later, price and quantity demanded are $6 and 150 units, respectively. what is the price …

1. on tuesday, price and quantity demanded are $7 and 120 units, respectively. ten days later, price and quantity demanded are $6 and 150 units, respectively. what is the price …
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1 vote
1. on tuesday, price and quantity demanded are $7 and 120 units, respectively. ten days later, price and quantity demanded are $6 and 150 units, respectively. what is the price elasticity of demand between the price of $7 and the price of $6?

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User Elinaldo Monteiro
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8.8k points

1 Answer

4 votes
Ed=1.44 is the answer
answered
User Jerry Bullard
by
7.8k points
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