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Well use this information for the next three questions.
The Aegis Corporation produces highly specialized artillery. When the price of that artillery rises from $6 to $10, it goes from producing 200,000 units to 300.000 units.
Calculate the appropriate elasticity, using the technique in the PowerPoints.
Enter only numbers, a decimal point, ond/or a negative sign as needed. Round intermediate steps to four decimal places and your final answer to two.
____________
 
Question 16
The previous question about the Aegis Corporation described:
◯ (relatively) elastic demand
◯ (relatively) inelastic supply
◯ (relatively) elastic supply
◯ (relatively) inelastic demand

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