Business, 08.10.2019 23:00 nickonicyetlan

Consider a competitive market for which the quantities demanded and supplied (per year) at various prices are given as follows: price (dollars) demand (millions) supply (millions) 60 22 14 80 20 16 100 18 18 120 16 20 calculate the price elasticity of demand when the price is $100. the price elasticity of demand is 0. (enter your response rounded to two decimal places.)

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Consider a competitive market for which the quantities demanded and supplied (per year) at various p...