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Business, 07.01.2020 00:31 yansaturnin

Suppose that the quantity of dvd players sold increased from 200 to 400 when the price fell from $225 to $175. over this price range, the absolute value of the price elasticity of demand for dvd players is

a. 0.25.
b. 0.375.
c. 1.0.
d. 2.67.
e. 4.0.

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