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Business, 22.04.2020 20:02 bullockarwen

When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40 per item, the quantity sold increases from 220 per week to 230 per week. 1. This illustrates the elasticity of . 2. What formula is used to determine the percentage change in quantity demanded?

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When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40 pe...
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