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Merlin891 Merlin891
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A year ago
Suppose the quantity demanded of a good rises from 40 units to 60 units per month when the price falls from $1.05 to 95 cents per unit. The price elasticity of demand for this product is

▸ 0.5.

▸ 4.0.

▸ 1.0.

▸ 2.0.

▸ 1.5.
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Microeconomics

Microeconomics


Edition: 17th
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IcerX2050IcerX2050
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A year ago
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Merlin891 Author
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A year ago
Smart ... Thanks!
patod1
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Yesterday
this is exactly what I needed
joyceess
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2 hours ago
Thanks
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