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nguyenduong67 nguyenduong67
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6 years ago
Suppose that in a month the price of milk increases from $2 to $3 a gallon. At the same time, the quantity of gallons of milk demanded decreases from 200 to 190. The price elasticity of demand for milk (calculated using the initial value formula) is
A) 0.1.
B) 0.2.
C) 1.
D) 10.
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Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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trumpetsoflifetrumpetsoflife
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nguyenduong67 Author
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This site is awesome
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