Business, 19.02.2020 00:07 sanafarghal

If an increase in the price of a product from $1 to $2 per unit leads to a decrease in the quantity demanded from 100 to 80 units, then, according to the midpoint formula, the value of price elasticity of demand (ignoring absolute value) is.

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If an increase in the price of a product from $1 to $2 per unit leads to a decrease in the quantity...

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