QUESTION 15 Figure 5-5 11 Price - Demand 5 10 15 20 25 30 35 40...

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Answer 1

Answer #1

Elasticity blu $20 and $40 (Q, touh P-D, (P +P₂)/2 40-30 (90+30)/2 - F0.43 90 - go) (40+20)/2 Elasticity blw $50 and $70 = 25

Answer 2

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