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don't use Al bot or chat GPT otherwise downvote.correct answer will get instant upvote If a 5 percent increase in price for a good resulis

don't use Al bot or chat GPT otherwise downvote.correct answer will get instant upvote If a 5 percent increase in price for a good resulis in a 10 percent deeresse in cuantity demanded, the price elasticity of demand is a. 2.00 b. 0.50 c. 0.05 d. 0.10 give correct option with explanation and explain why others option are wrong .

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