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Business, 14.05.2021 19:20 adelfaali99

The Acme Company produces and sells widgets. They currently charge $16 per widget, and they sell 256 widgets per week. If the price is increased to $17.06 per widget, then 34 fewer widgets per week can be sold. Assuming that demand is linear, find the value for elasticity of demand at the current price. Round as necessary.

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The Acme Company produces and sells widgets. They currently charge $16 per widget, and they sell 256...
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