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Author Question: If a 10 percent price increase generates a 10 percent decrease in quantity demanded, then demand is (Read 228 times)

yoooooman

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on: May 24, 2019
If a 10 percent price increase generates a 10 percent decrease in quantity demanded, then demand is
◦ unit elastic.
◦ elastic.
◦ perfectly inelastic.
◦ perfectly elastic.
◦ inelastic.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by yoooooman on May 24, 2019

randomguy133

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Reply #1 on: May 24, 2019
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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yoooooman

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

covalentbond

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Reply 3 on: Yesterday
Excellent

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