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Mathematics, 19.03.2020 21:40 dntestkly7509
At a price of $17.50 to play 18 holes on a golf course, 125 consumers pay to play a game of golf each day. Increasing the price to $22.00 causes the number of consumers to decline to 85.
What is the price elasticity of demand, expressed as a positive number?
(Round your answer to two decimal places.)
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