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nguyenduong67 nguyenduong67
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6 years ago
Suppose that the elasticity of demand for hamburgers is 2.5 and price decreases by 14%. By what percentage will quantity demanded for hamburgers increase?
A) 2.5%
B) 5.6%
C) 25%
D) 35%
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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tristiontristion
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