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Author Question: If the price of a product increases by 5 percent and the quantity demanded decreases by 5 percent, ... (Read 123 times)

SAVANNAHHOOPER23

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on: May 24, 2019
If the price of a product increases by 5 percent and the quantity demanded decreases by 5 percent, then the elasticity of demand is
◦ 0.
◦ 1.
◦ indeterminate.
◦ 5.
◦ 25.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by SAVANNAHHOOPER23 on May 24, 2019

ErinKing

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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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SAVANNAHHOOPER23

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Reply #2 on: May 24, 2019
Thanks


ErinKing

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Reply #3 on: May 24, 2019
Welcome :)


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