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2 Connect: Concept Assessment Srived If a firm finds that it can sell $ 1 3 , 0 0 0 worth of a product when

2

Connect: Concept Assessment

Srived

If a firm finds that it can sell $

13, 000

worth of a product when its price is $

5

Multpre Choice

the oemand for the propuct is elastic in the $

6 - 53

price range.

the gemand for the product must have incronsed.

Ehsticity od demand is

074 .

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