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16-02-2016
Mathematics

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A baker sells 30 bagels for $2.00 each. Then he lowers his price to $1.00 each and sells 50. Use the midpoint formula to calculate the baker's price elasticity of demand for a bagel.
A. 1.32
B. .5
C. .75
D. −.75

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swimwolf swimwolf

16-02-2016

it would be 1.32. because when u use mid point formal that is what u get

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