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samilee samilee
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5 years ago
A 10 percent increase in the price of portable power banks leads to a 5 percent decrease in the quantity demanded of portable power banks. The absolute price elasticity of demand is
A) 3.
B) 0.33.
C) 0.5.
D) 2.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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TurboturnerTurboturner
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samilee Author
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#2
5 years ago
Above and beyond my expectations for this site
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