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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 3 2 1.5
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
