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Business, 17.09.2019 19:00 woodpeckerdeejpe8wvh

14. when the price decreases from $6 to $4 and the quantity demanded increases by 2 units, the price elasticity of demand is
[a] -25.
[b] -1.5.
[c] -5.
[d] -2.5.
[e] cannot be determined from the information given.

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