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B88101 B88101
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8 months ago

If, as the price of good Y rises from $5.00 to $5.75, the quantity demanded of good Y falls from 54 units to 48 units, price elasticity of demand for good Y in this price range is



▸

1.05.



▸

1.19.



▸

0.37.



▸

4.77.



▸

0.84.

Textbook 
Economics

Economics


Edition: 12th
Author:
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tswinson3tswinson3
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8 months ago
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B88101 Author
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8 months ago
Thank you, thank you, thank you!
klyn
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You make an excellent tutor!
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Smart ... Thanks!
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