In response to a change in the price of good X from 10 to 6 the quantity demanded of good X increases from 100 to 150 units What

Question

In response to a change in the price of good X from 10 to 6 the quantity demanded of good X increases from 100 to 150 units What is the price elasticity of demand for good X Use the midpoint formula and express as a decimal e g 0 2 A

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