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Card 6 / 18:
From the data shown in about demand for smart phones, calculate the price elasticity of demand from: point B to point C, point D to point E, and point G to point H. Classify the elasticity at each point as elastic, inelastic, or unit elastic.
From point B to point C, price rises from $70 to $80, and Qd decreases from 2,800 to 2,600. So:
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