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Hi, How are you getting a 20% increase in price and a 40% increase in Demand? This was a quiz question and I ended up
Hi,
How are you getting a 20% increase in price and a 40% increase in Demand? This was a quiz question and I ended up guessing due to time constraints. The correct answer is: when the answer to number 3 is: If the price increases 10%, supply will increase 18.3%.
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