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Clear Window Manufacturer Wants to Increase the Quantity of Windows

Question 4

Multiple Choice

Clear Window Manufacturer wants to increase the quantity of windows it sells by 10%.If the price elasticity of demand is 5,the manufacturer must


A) increase price by 1.5%.
B) decrease price by 2.0%.
C) decrease price by 1.5%.
D) increase price by 2.0%.

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