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AdamPG14 AdamPG14
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5 years ago
If the absolute price elasticity of demand is 2.0, a 10 percent decrease in price will increase quantity demanded by
A) 10 percent.
B) 20 percent.
C) 5 percent.
D) 12 percent.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Galindoux21Galindoux21
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5 years ago
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AdamPG14 Author
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#2
5 years ago
Oh god, I was lost before coming here. Thanksss
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#3
5 years ago
Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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