Question: 21 Price ($) Quantity 50 0 45 15 40 30 35 45 30 60 25 75 20 90 15 105 10 120 5 135 2

21 Price ($) Quantity 50 0 45 15 40 30 35 45 30 60 25 75 20 90 15 105 10 120 5 135 2 pts Refer to the Table above. Use the midpoint formula to calculate the absolute value of price elasticity of demand when price changes from $10 to $15. Round to 2 decimal places if necessary

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7. How might you go about testing these assumptions?

2. How would you define success in this situation? How would other stakeholders define success?

5. Are there values in conflict now that you have a better understanding of the problem?