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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
If a 35 percent increase in price of golf balls led to an 42 percent decrease in quantity demanded, then the demand for golf balls is
A) unit-elastic.
B) perfectly elastic.
C) relatively inelastic.
D) relatively elastic.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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#1
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8 years ago
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#2
8 years ago
The textbook reference in your signature really helped me narrow it down.

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