what are the steps to answer this question? Figure 6-2 Price 60 Demand 20 30 Quantity...

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Figure 6-2 Price 60 Demand 20 30 Quantity 15) Refer to Figure 6-2. The absolute value of the price elasticity of demand at po

what are the steps to answer this question?

Answer 1

Answer #1

Price elasticity of demand = AQ AO 00% 효 Proportionate change in quantity demanded Q Proportionate change in price × 100% So

Answer 2

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