Business, 25.06.2020 06:01 joselaboyNC16

At a price of $100, Beachside Canoe Rentals rented 11 canoes. When it increased its rental price to $125, 9 canoes were rented. Calculate the absolute value of the price elasticity of demand for canoe rentals, using the midpoint formula. Group of answer choices

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At a price of $100, Beachside Canoe Rentals rented 11 canoes. When it increased its rental price to...

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