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QUESTION

In the following table, calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is...

In the following table, calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is Elastic(E), inelastic(I), or unitary(U) at that midpoint. Also indicate the Total Revenue for each price. Round to the nearest 1/100. Use the Midpoint Formula

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