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Kyuubi Kyuubi
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6 years ago
When the price of a product increases from $10 to $12, the quantity demanded falls from 500 to 400. The price elasticity of demand coefficient is approximately:
A) 3.0
B) 1.0
C) 0.2
D) 2.0
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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angelverdeangelverde
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6 years ago
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Kyuubi Author
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6 years ago
Brilliant
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Yesterday
Good timing, thanks!
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2 hours ago
Helped a lot
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