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sinerus sinerus
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6 years ago
The price of apples increases from $1 to $1.10. At the same time, the quantity of apples demanded decreases from 100 to 90. The price elasticity of demand for apples (calculated using the initial value formula) is
A) 0.02.
B) 0.9.
C) 1.
D) 1.1.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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#1
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6 years ago
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sinerus Author
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6 years ago
Helped a lot
ethom947
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Zacellison
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2 hours ago
Thanks
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