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Hi, Can i get answer for these 3 short questions please. thank you. The price elasticity of demand for cars is 1.2. The price elasticity
Hi, Can i get answer for these 3 short questions please. thank you.
The price elasticity of demand for cars is 1.2. The price elasticity of demand for trucks is 25. The cross elasticity of demand for trucks with respect to the price of a car is O.S. If the price of a car rises by 1 0 percent, what percentage change in the price of a truck that will lead to no change in the quantity demanded of trucks? The price of a truck will rise by percent
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