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Business, 24.12.2021 19:30 ewoolbright

The subsequent price and quantity of Rift pen is 19 and 20 respectively, while its initial price and quantity demanded is 20 and 16 respectively. A. Calculate the Price Elasticity(Ep) of Demand B. Is it Elastic or inelastic?why?

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The subsequent price and quantity of Rift pen is 19 and 20 respectively, while its initial price and...
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