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    Principles of Microeconomics Study Set 4
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    The Price Elasticity of Demand for Keyboards Is 2
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The Price Elasticity of Demand for Keyboards Is 2

Question 130

Question 130

Essay

The price elasticity of demand for keyboards is 2.5.If the percentage change in quantity demanded is 50% and the average price is $10,what is the change in price?

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