If a 1 percent decrease in the price of a pound of squash results in a larger pe

Lauren1

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9 years ago

If a 1 percent decrease in the price of a pound of squash results in a larger pe

If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
A) demand is elastic.
B) demand is inelastic.
C) supply is elastic.
D) supply is inelastic.

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MrDereche

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Lauren1 Author

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9 years ago

Thank you, this really, really helps Heavy Heart

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MrDereche

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9 years ago

You're welcome!

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