Move point a to the correct position on the demand curve when price is $40. next move point b to the correct position on the demand curve when price is $10. now, consider a movement along this demand curve from a to b. use the midpoint formula to calculate the percentage change in quantity demanded between a and b. (include a negative sign if the answer is negative; round to the nearest integer.)next, use the midpoint formula to calculate the percent change in price between a and b. (include a negative sign if the answer is negative; round to the nearest integer.)what is the price elasticity of demand between these two points? (include a negative sign if the answer is negative; round to two decimals.)
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Move point a to the correct position on the demand curve when price is $40. next move point b to the...
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