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Business, 17.11.2020 21:40 2020kaylahernan

Firm A sells 3,200 units every month. The manager who follows the sales problems in this firm, has predicted that if the price of the product increases by 2 Euros per unit, there will be a reduction in the quantity sold of 400 units. Assuming that this forecast is correct, find out how much is the price elasticity of demand for this firm's product

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Firm A sells 3,200 units every month. The manager who follows the sales problems in this firm, has p...
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