3.4 Use the scenario below to calculate the Ped (PRICE ELASTICITY OF
DEMAND):
If the price a p...
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Social Studies, 16.06.2021 14:00 kukisbae
3.4 Use the scenario below to calculate the Ped (PRICE ELASTICITY OF
DEMAND):
If the price a product increases from R200 to R250 then demand falls from R450
to 300 units. Calculate Ped (PRICE ELASTICITY OF DEMAND) and determine
the degree of elasticity.
(4)
1121​
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Answers: 2
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