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-What Is the Price Elasticity of Demand When Price Increases

Question 177

Multiple Choice

-What is the price elasticity of demand when price increases from $8 to $12 A) 0.40. B) 0.75. C) 1.00. D) 2.50.
-What is the price elasticity of demand when price increases from $8 to $12


A) 0.40.
B) 0.75.
C) 1.00.
D) 2.50.

Correct Answer:

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