Examlex
Evaluate the expression without using a calculator.
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Absolute Value
The absolute value of a number is its distance from zero on the number line, without considering direction; it is always positive.
Midpoint Formula
A method for calculating price elasticity of demand or price elasticity of supply that averages the starting and ending prices and quantities when computing percentages.
Price-elasticity Coefficient
A measure that indicates how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage change.
Midpoint Formula
A method used in mathematics to find the midpoint or center point between two points on a line segment by averaging their x and y coordinates.
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