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Business, 03.03.2020 06:07 shoobywee

Suppose that a demand curve exhibits two points. Initially, at price P 0 P0 , the quantity demanded is Q 0 Q0 . When price changes to P 1 P1 , quantity demanded is Q 1 Q1 . Move the components of the midpoint formula for elasticity of demand to their correct positions. price elasticity of demand = āˆ£ āˆ£ āˆ£ āˆ£ āˆ£ ( āˆ’ ( + 2 ) ) ( āˆ’ ( + 2 ) ) āˆ£ āˆ£ āˆ£ āˆ£ āˆ£ price elasticity of demand=|( āˆ’ ( + 2))( āˆ’ ( + 2))|

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