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Business, 23.09.2021 07:10 brianfranklin17

Suppose that at a price of $400, 300 tickets are demanded to fly from Ithaca to Los Angeles. Now the price rises to $600, and 280 tickets are demanded. Assuming the demand for tickets is linear. Find the price elasticities at the quantity-price pair.

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Suppose that at a price of $400, 300 tickets are demanded to fly from Ithaca to Los Angeles. Now the...
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