What is the price elasticity of demand in this range please
Price for a 27 TV = $450. consumers buy 1000 of them, prices rises to $550 by 600 of them. What is the price elasticity of demand in this range. Please explain why the answer is 8?
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price for a 27 tv 450 consumers buy 1000 of them prices rises to 550 by 600 of them what is the price elasticity of
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