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apadong apadong
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8 years ago
When the price of coffee increases 5%, quantity demanded decreases 10%. The price elasticity of demand for coffee is ________ and total revenue from coffee sales will ________.
A) elastic; decrease
B) elastic; increase
C) inelastic; increase
D) inelastic; decrease
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DeToXiFYDeToXiFY
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8 years ago
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apadong Author
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7 years ago
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