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Business, 15.02.2020 00:34 lilly9240

Recently, in Smalltown, the price of Twinkies fell from $0.80 to $0.70. As a result, the quantity demanded of HoHo’s decreased from 120 to 100. What would be the 9appropriate elasticity to compute? Use the midpoint method, compute this elasticity. What does your answer tell you?

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Recently, in Smalltown, the price of Twinkies fell from $0.80 to $0.70. As a result, the quantity de...

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