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Home Q & A Board Other Fields Homework Help Business Economics
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sinerus sinerus
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6 years ago
Suppose that the elasticity of demand for chocolate is 3.0 and price decreases by 20%. By what percentage will quantity demanded for chocolate increase?
A) 20%
B) 30%
C) 60%
D) 200%
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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sinerus Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
njn;l
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This calls for a celebration Person Raising Both Hands in Celebration
brina10
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Helped a lot
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