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Business, 20.09.2020 18:01 mmblair14

The elasticity of demand for a good is –0.75. A 4% increase in price will cause a:. A) 3% iecrease in quantity demanded. B) 5.33% decrease in quantity demanded. C) 5.33% increase in quantity demanded. D) 0.19% decrease in quantity demanded.

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The elasticity of demand for a good is –0.75. A 4% increase in price will cause a:. A) 3% iecreas...
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