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Refer to the Information Provided in Figure 5

question 161

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Refer to the information provided in Figure 5.2 below to answer the question(s) that follow. Refer to the information provided in Figure 5.2 below to answer the question(s) that follow. Figure 5.2 -Refer to Figure 5.2. If the price of a hamburger increases from $6 to $8, the price elasticity of demand equals ________. Use the midpoint formula. A) -0.24 B) -1.0 C) -1.4 D) -2.0 Figure 5.2
-Refer to Figure 5.2. If the price of a hamburger increases from $6 to $8, the price elasticity of demand equals ________. Use the midpoint formula.

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