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nguyenduong67 nguyenduong67
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6 years ago
Suppose that in a month the price of oranges increases from $.75 to $1. At the same time, the quantity of oranges demanded decreases from 100 to 80. The price elasticity of demand for oranges (calculated using the initial value formula) is
A) 0.75.
B) 0.6.
C) 0.25.
D) 20.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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nguyenduong67 Author
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6 years ago
Thank you, thank you, thank you!
Loruiz15
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Zacellison
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2 hours ago
Just got PERFECT on my quiz
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