Question: 1. Graph the demand curve using the demand data below. Product Quantity Price Demanded $25 45 $20 50 2. Using the midpoint formula for Ed

1. Graph the demand curve using the demand data below. Product Quantity Price Demanded $25 45 $20 50 2. Using the midpoint formula for Ed to determine the price elasticity of demand for the price change. 3. What can you conclude about the relationship between the slope of a curve and its elasticity

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