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Other Fields Homework Help Economics Topic started by: Costa on Jan 7, 2018



Title: If an increase in price from $2.00 to $2.30 results in a fall in quantity demanded from 150 to 125, ...
Post by: Costa on Jan 7, 2018
If an increase in price from $2.00 to $2.30 results in a fall in quantity demanded from 150 to 125, the price elasticity of demand is approximately 1.1.

True or False?


Title: Re: If an increase in price from $2.00 to $2.30 results in a fall in quantity demanded from 150 to ...
Post by: yameth on Jan 7, 2018
TRUE