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Business, 17.12.2020 20:50 ruchierosanp1n3qw
9. If the quantity demanded of good X increases 25% while the price decreases 25%, this means the
price elasticity of demand is
A. Price Elastic
B. Price Inelastic
C. Perfectly inelastic
D. Perfectly elastic
E. Price Unit Elastic
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Answers: 1
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9. If the quantity demanded of good X increases 25% while the price decreases 25%, this means the
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