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Title: If the price of a product increases by 5 percent and the quantity demanded decreases by 5 percent, t Post by: Loraine on Jun 20, 2015 If the price of a product increases by 5 percent and the quantity demanded decreases by 5 percent, then the elasticity of demand is
A) 0. B) 1. C) indeterminate. D) 5. E) 25. Title: Re: If the price of a product increases by 5 percent and the quantity demanded decreases by 5 percen Post by: Smoooth on Aug 10, 2015 Content hidden
Title: Re: If the price of a product increases by 5 percent and the quantity demanded decreases by 5 percent, t Post by: Smoooth on Aug 31, 2015 My pleasure :-]
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