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pirex pirex
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Posts: 634
6 years ago
If the price of orange juice rises 10%, and as a result the quantity demanded falls by 8%, the price elasticity of demand for orange juice is
A) -1.25.
B) -80.0.
C) -0.80.
D) -10.0.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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1 Reply
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ChronosChronos
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6 years ago
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pirex Author
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6 years ago
Correct Slight Smile TY
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks
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