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nguyenduong67 nguyenduong67
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7 years ago
Suppose that the elasticity of demand for newspapers is 2.0 and quantity demanded decreases by 40%. What must the percentage increase in price have been?
A) 2%
B) 20%
C) 80%
D) 200%
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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7 years ago
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nguyenduong67 Author
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7 years ago
Just got PERFECT on my quiz
Shuqin
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Yesterday
Thanks
ethom947
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2 hours ago
Thanks for your help!!
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