Determine the elasticity of demand for meatlovers supreme

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Domino Pizzas decides to raise their price of their large Meatlovers supreme from $9.00 to $9.50. Their sales fall from 500 meatball subs to 460. Using the midpoint (or arc) formula, the elasticity of demand for Meatlovers supreme in absolute value terms is approximately.

Reference no: EM13203788

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