What is the price elasticity of demand

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Assignment:

Last week at a Price of 2.8 the Quantity of some product sold was 28.8. This week at a Price of 15.1 the Quantity sold is 16.3. These two price/quantity combinations are points on the demand curve. What is the price elasticity of demand?

Remember the answer should be a negative number and round to the nearest 0.01.

Reference no: EM133201060

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