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thanhha78 thanhha78
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7 years ago
Suppose that the percentage change in supply is 20%, the price elasticity of supply is 2, and the percentage change in the equilibrium price is 4%. What is the price elasticity of demand?
A) 0
B) 1
C) 2
D) 3
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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thanhha78 Author
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#2
6 years ago
Can't thank you enough for this, appreciate it!
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