If a 5 percent change in the price of movies causes a 10 percent change in the

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If a 5 percent change in the price of movies causes a 10 percent change in the number of movie tickets sold, ed equals and demand is

(elastic, inelastic, unit elastic).

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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