Question: Help Question 2 Use the data in the table below to answer the following question. Price Quantity Demanded $20 12 18 17 16 20 14

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Question 2 Use the data in the table below to answer the following question. Price Quantity Demanded $20 12 18 17 16 20 14 24 12 30 10 36 8 40 44 48 The price elasticity of demand (based on the midpoint formula) when price increases from $14 to $16 is O -1. O -1.37 O -0.33 O -3.29

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