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Business, 22.09.2020 14:01 allieballey0727

Using the midpoint method described in the textbook, find the cross-price elasticity of demand for FedEx and UPS overnight shipping. The price of FedEx increased from $65 to $75. The quantity demanded of UPS increased from 1.2 million packages per day to 1.3 million. Round to two decimal places as necessary.

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