question archive As the price of video games is raised from $40 to $45, their quantity demanded fell from 1

As the price of video games is raised from $40 to $45, their quantity demanded fell from 1

Subject:EconomicsPrice:2.88 Bought3

As the price of video games is raised from $40 to $45, their quantity demanded fell from 1.5 million copies to 1.2 million copies. Determine the elasticity of demand for video games.

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