Assume that for a particular demand curve when price is 60, Business Economics

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Assume that for a particular demand curve when price is 60

Assume that for a particular demand curve, when price is $60, quantity demanded is 130, and when price is $50, quantity demanded is 175. without calculating the coefficient of elasticity, is demand over this range elastic or inelastic? How do you know?

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Business Economics: Assume that for a particular demand curve when price is 60

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Business Economics: Assume that for a particular demand curve when price is 60

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