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At a Price of $35, Brent Rents Out 80 Sets

question 64

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At a price of $35, Brent rents out 80 sets of skis in one day.In peak season he can charge $45 per set and so he will rent out up to 150 sets of skis.What is Brent's price elasticity between the two ski prices, using the midpoint formula?


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