SOLUTION: a student organization finds that when it prices shirts emblazoned with the college logo at $10 the organization sells 150 per week. When the price is reduced to $9, the organizati
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Question 451631: a student organization finds that when it prices shirts emblazoned with the college logo at $10 the organization sells 150 per week. When the price is reduced to $9, the organization sells 200 per week. Based on this information, calculate the price elasticity of demand for logo-emblazoned shirts. Answer by explosivej(1) (Show Source):
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