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Costa Costa
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Posts: 1009
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6 years ago
If an increase in price from $2.00 to $2.30 results in a fall in quantity demanded from 150 to 125, the price elasticity of demand is approximately 1.1.

True or False?
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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Replies
wrote...
6 years ago
TRUE
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