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A market research firm has determined that the demand for economy cars drops by 3% when the price of these cars increases by 2%. Based
A market research firm has determined that the demand for economy cars drops by 3% when the price of these cars increases by 2%. Based on this information, the demand elasticity for economy cars is ____________. Group of answer choices 3 1.5 2 -3
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
