question archive When the price of a movie ticket is $10, the quantity demanded is 200 units per month; when the price is $14, the quantity demanded is 160 units per month

When the price of a movie ticket is $10, the quantity demanded is 200 units per month; when the price is $14, the quantity demanded is 160 units per month

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When the price of a movie ticket is $10, the quantity demanded is 200 units per month; when the price is $14, the quantity demanded is 160 units per month. What is the price elasticity of demand?

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