CASE 2 A local supermarket had been charging $2.50 a pound for eggplant and selling 190 pounds a week. When it reduced t

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CASE 2 A local supermarket had been charging $2.50 a pound for eggplant and selling 190 pounds a week. When it reduced t

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Case 2 A Local Supermarket Had Been Charging 2 50 A Pound For Eggplant And Selling 190 Pounds A Week When It Reduced T 1
Case 2 A Local Supermarket Had Been Charging 2 50 A Pound For Eggplant And Selling 190 Pounds A Week When It Reduced T 1 (26.55 KiB) Viewed 21 times
CASE 2 A local supermarket had been charging $2.50 a pound for eggplant and selling 190 pounds a week. When it reduced the price to $2.00, eggplant sales rise to 200 pounds a week. A. Calculate the price elasticity of demand for eggplant. (7points)
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