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Answer to Question #87319 in Microeconomics for andy

Question #87319
When the price of notebooks falls from 5 to 2, the quantity demanded of notebooks rises from 120 to 279. What is the price elasticity of demand of notebooks? (Enter your answer as a decimal rounded to two decimal places, not a fraction and do not put a negative sign)
1
Expert's answer
2019-04-01T11:08:11-0400
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