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Costa Costa
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6 years ago
A 5% increase in quantity demanded resulted from a 7.5% fall in price. From this we know that the coefficient of elasticity (ignoring the negative sign) is:
A) 12.5
B) 2.5
C) 1.5
D) 0.67
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Microeconomics

Microeconomics


Edition: 2nd
Author:
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angelverdeangelverde
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#1
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6 years ago
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Costa Author
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6 years ago
You make an excellent tutor!
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Helped a lot
Harvinder
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2 hours ago
Correct Slight Smile TY
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