Question: Using average price and average quantity, calculate the price elasticity of demand if a price rise from $ 8 to $ 1 0 and decreases

Using average price and average quantity, calculate the price elasticity of demand if a price rise from $8 to $10 and decreases the quantity demanded from 20 units to 15 units. The price elasticity of demand equals
Group of answer choices
0.06
5.
1.29.
78.

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