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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: When the price of earrings increases by 4%, the quantity demanded of earrings falls by 8%. Which of
Post by: stars_and_moon on Jul 20, 2016
When the price of earrings increases by 4%, the quantity demanded of earrings falls by 8%. Which of the following statements is true?
A) Elasticity = 2 and earrings are inelastic.
B) Elasticity = 0.5 and earrings are elastic.
C) Elasticity = 2 and earrings are elastic.
D) Elasticity = 0.5 and earrings are inelastic.


Title: Re: When the price of earrings increases by 4%, the quantity demanded of earrings falls by 8%. Which ...
Post by: kingby on Aug 9, 2016
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Title: Re: When the price of earrings increases by 4%, the quantity demanded of earrings falls by 8%. Which of
Post by: stars_and_moon on Aug 17, 2016
Incredible!


Title: Re: When the price of earrings increases by 4%, the quantity demanded of earrings falls by 8%. Which of
Post by: kingby on Aug 18, 2016
Great! Now we can move on to the next one