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Author Question: A government wants to reduce electricity consumption by 40%. The price elasticity of demand for ... (Read 44 times)

Hungry!

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A government wants to reduce electricity consumption by 40%. The price elasticity of demand for electricity is -10. The government must ________ the price of electricity by ________.


◦ raise; 4.0%
◦ raise; 0.25%
◦ raise; 1.25%
◦ lower; 0.25%


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Marked as best answer by Hungry! on Apr 19, 2019

Dinolord

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Hungry!

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


lcapri7

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Reply 3 on: Yesterday
Gracias!

 

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