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Business, 16.11.2019 02:31 algahimnada

Consider the market for a breakfast cereal. the cereal's price is initially $3.003.00 and 7070 thousand boxes are demanded per week. the company that produces the cereal is considering raising the price to $3.503.50. at that price, consumers would demand 6565 thousand boxes of cereal per week. what is the price elasticity of between these prices using the midpoint ? the price elasticity of demand using the midpoint formula is . (enter your response as a real number rounded to two decimal places.)

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Consider the market for a breakfast cereal. the cereal's price is initially $3.003.00 and 7070 thous...
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