If a 4 percent decrease in price leads to a 1 percent increase in quantity demanded, then the price elasticity of demand is _________.

Name: If a 4 percent decrease in price leads to a 1 percent increase in quantity demanded, then the price elasticity of demand is _________.
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The Answer of If a 4 percent decrease in price leads to a 1 percent increase in quantity demanded, then the price elasticity of demand is _________.

If a 4 Percent Decrease in Price Leads to a 1