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Business, 30.03.2020 18:45 hfrench5130

Suppose the price of a bag of jelly beans rises from $1.60 to $2.00, with the result that sales of jelly beans falls from 120 bags to 80 bags a day. Using the midpoint method, what is the elasticity of demand for jelly beans?

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Suppose the price of a bag of jelly beans rises from $1.60 to $2.00, with the result that sales of j...

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