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A retailer is selling 113 kitchen cabinets per month at $150 per cabinet. The price elasticity for the cabinets is 1.7. If there is 0.3

A retailer is selling 113 kitchen cabinets per month at $150 per cabinet. The price elasticity for the cabinets is 1.7. If there is 0.3 decrease in price, how demand will change? Note: Write down your answer with 2 decimals image text in transcribed

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