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Find percentage change in the quantity demanded

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Reference no: EM132669263

If the price elasticity of demand for used cars priced between $4,000 and $6,000 is -0.75 (using the mid-point method), what will be the percentage change in the quantity demanded when the price of a used car falls from $6,000 to $4,000?

Instructions: Round your answer to the nearest whole number.

Reference no: EM132669263

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