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hiusy98 hiusy98
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7 years ago
Suppose the demand for meals at a medium-priced restaurant is elastic. If the management of the restaurant is considering raising prices, it can expect a relatively:
A) large decrease in quantity demanded.
B) large decrease in demand.
C) small decrease in quantity demanded.
D) small decrease in demand.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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toogootoogoo
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hiusy98 Author
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#2
7 years ago
I owe you my life lol
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