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4 points ELASTICITY -- What type of elasticity occurs and what is the financial result if: The elasticity is 2.0 Sales Price Change is 25.0%

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4 points ELASTICITY -- What type of elasticity occurs and what is the financial result if: The elasticity is 2.0 Sales Price Change is 25.0% Original Sales Price is $10.00 Original Sales Qty 100,000 Elastic -- Profit of $190,000 Inelastic -- Loss of $190,000 Inelastic -- Profit of $190,000 Elastic -- Loss of $190,000

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