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Question 7 of 26 Table 4.6 Price Quantity Demanded $20 90 IwBIT $12 130 $8 150 According to the data in Table 4.6, what is the elasticity of demand

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I need help figuring out this table about elasticity of demand

Screen Shot 2019-05-01 at 7.29.31 PM.png

Question 7 of 26 Table 4.6
Price Quantity Demanded
$20 90
Iw—BIT
$12 130
$8 150 According to the data in Table 4.6, what is the elasticity of demand between a price of $12 and a price of $8? I?) A. 0.36
Ii”) B. 0.63
If? c. 0.75 A D. 0.90
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elasticity of demand= % change in quantity demanded/ % change... View the full answer

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