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Find the price elasticities at the quantity-price

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Suppose that at a price of $400, 300 tickets are demanded to fly from Ithaca to Los Angeles. Now the price rises to $600, and 280 tickets are demanded. Assuming the demand for tickets is linear, find the price elasticities at the quantity-price pair (300, 400) and (280, 600).

Reference no: EM13327197

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