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Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $2.50 each, he sells 250. At a price of $2.00 each, he sells 300. Instructions: Use the midpoint method and round your answer to two decimal places. Do not include a negative sign (-). a. What is the elasticity of demand?
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Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is sellin...
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