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Answer to Question #217083 in Economics for Kgopotso

Question #217083

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
2021-07-15T10:37:22-0400

To calculate the price elasticity of demand for pens in the price range R19 to R17 we need to know the change in quantity demanded.


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