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Business, 13.02.2020 18:49 abby2572

When the price of candy bars increased from $0.45 to $0.55, the quantity demanded changed from 21,000 per day to 19,000 per day. In this price range, the price elasticity of demand coefficient (based on the midpoint formula) for candy bars is:a. -1.b. -2.c. -0.18.d. -0.5.

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When the price of candy bars increased from $0.45 to $0.55, the quantity demanded changed from 21,00...
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