a. Find the elasticity when the price is $166.65. E=? b.Is the Demand for airfare elastic or inelastic at this price? C.

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answerhappygod
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a. Find the elasticity when the price is $166.65. E=? b.Is the Demand for airfare elastic or inelastic at this price? C.

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a. Find the elasticity when the price is $166.65.
E=?
b.Is the Demand for airfare elastic or inelastic at this price?
C.Find the price that maximizes revenue
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