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Author Question: Which of the following is an example of an elastic demand situation? (Read 53 times)

eruditmonkey@yahoo.com

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on: Mar 24, 2019
Which of the following is an example of an elastic demand situation?
◦ Demand falls 8% when price increases 5%
◦ Demand rises 4% if price falls 6%
◦ Demand rises 7% if price falls 10%
◦ Demand falls 7% when price increases 9%
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Marked as best answer by eruditmonkey@yahoo.com on Mar 24, 2019

bobsmith

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Reply #1 on: Mar 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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eruditmonkey@yahoo.com

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Reply 2 on: Mar 24, 2019
Wow, this really help

Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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