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Answer to Question #216583 in Economics for Paballo

Question #216583

Use the following demand schedule on pens to answer the question.

 Elas table pens What is the price elasticity of demand for pens in the price range R19 to R17?  



1
Expert's answer
2021-07-16T09:37:36-0400

To calculate the price elasticity of demand for pens in the price range R19 to R17 we need to know the corresponding quantities demanded for these prices.


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