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Business, 04.09.2020 16:01 nacgrading3p6d8pf

Assume that demand increases by 1 percent, the absolute value of price elasticity of demand is 1.0, and price elasticity of supply is 1.0. What is the percentage price change in this case?

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Assume that demand increases by 1 percent, the absolute value of price elasticity of demand is 1.0,...
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