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dwayned dwayned
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5 years ago
At a price of $10, quantity demanded is 30 units. When the price rises to $11, quantity demanded is 24 units. What is the absolute price elasticity of demand?
A) 0.5
B) 0.43
C) 2.33
D) 6.0
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Lawson1981Lawson1981
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5 years ago
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dwayned Author
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#2
5 years ago
Appreciate the effort you put into answering, thank you!
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#3
5 years ago
You're very welcome
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