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Mathematics, 18.07.2019 20:30 tilly29

Questions the average price of wheat per metric ton in 2012 was $30575. demand in millions of metric tons) in 2012 was 672. the average price of wheat per metric ton in 2013 was $291.56, while the demand was 700. calculate the elasticity and classify as elastic or inelastic -0.04 elastic -0.9, elastic -0.9; inelastic -3.84, elastic -0.04 inelastic

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Questions the average price of wheat per metric ton in 2012 was $30575. demand in millions of metric...
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