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Using the midpoint formula for calculating the elasticity of demand, if the price of a good fell from $42 to $38, what would be the elasticity of demand if the quantity demanded changed from:

a. 19 to 21

b. 27 to 33

c. 195 to 205

Ā 

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Raushan Raj
Raushan RajLv8
9 Nov 2020

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