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Business, 16.11.2019 00:31 lance31

The price of shoes in japan is yen 1000. when exchange rate is yen=$1/100, the quantity of imports of shoes from japan is 15. today, the exchange rate is yen=$1/200, and the quantity of imports of shoes from japan has risen to 2 what is the elasticity of imports? (use the situation with yen=$1/100 as the starting point)

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