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Business, 23.03.2021 01:50 tony001

The Acme Company produces and sells widgets. They currently charge $48 per widget, and they sell 452 widgets per week. If the price is increased to $54.58 per widget, then 62 fewer widgets per week can be sold. Assuming that demand is linear, find the value for elasticity of demand at the current price. Round as necessary.

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