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1.Calculate the price elasticity of demand when the price of a product is reduced from $10 to $8 and the quantity demanded increased from 3000kg

1.Calculate the price elasticity of demand when the price of a product is reduced from $10 to $8 and the quantity demanded increased from 3000kg to 4000kg.

A.0.60

B.1.00

C.1.29

D.1.65

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