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1 A furniture store increases the price of a type of couch from $2,000 to $2,500, and the monthly quantity of couches sold drops by
1 A furniture store increases the price of a type of couch from $2,000 to $2,500, and the monthly quantity of couches sold drops by 5%. What is the price elasticity of demand? A.0 0.2 ; B.0 0.25 ; C.0 4 ; D.0 5 ; ...please select any one correct option
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