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Blackboard REC QUESTION 1 8 Suppose the demand for peaches sold from one roadside stand in Georgia is perfectly elastic. As a result, a 7
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Suppose the demand for peaches sold from one roadside stand in Georgia is perfectly elastic. As a result, a percent increase in the price charged by the owner of this stand leads to
no change in the quantity demanded at this stand.
Bzero peaches sold by this stand.
Ca percent decrease in demand at this stand.
Da percent decrease in the quantity demanded at this stand.
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