What is the price elasticity of demand
Problem: If 45 units are sold at the price of $75, and 30 units are sold at the price of $100, what is the price elasticity of demand? Use the mid-point formula, and show all your workings.
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If 45 units are sold at the price of $75, and 30 units are sold at the price of $100, what is the price elasticity of demand?
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Get a live quote on insurance, car or health insurance. Explain the levels of coverage that you picked. For example, what is your deductible?
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