# Demand Elasticity

Sample question and answer for determining the elasticity of demand, sample application of elasticity of demand formula. See the attached file.

Application of Elasticity of Demand formula:

Calculate the elasticity of the demands by using the above table.

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#### Solution Preview

See the attached file

The formula for the elasticity of demand is:

The quantities and the prices that will be used in the formula are ...

#### Solution Summary

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