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Mandolina Mandolina
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7 years ago
If a 10 percent increase in the price of Compaq computers leads to a 20 percent reduction in the quantity demanded, then the coefficient of demand elasticity would be ________.
A) 2.0
B) 0.5
C) 1.0
D) None of the above
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Mandolina Author
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#2
7 years ago
Makes a ton of sense now Smiling Face with Open Mouth
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