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I need the answer as soon as possible The price of a good is $1.20 per unit and annual demand is 800,000 units. Market research
I need the answer as soon as possible
The price of a good is $1.20 per unit and annual demand is 800,000 units. Market research indicates that an increase in price of 10 pence per unit will result in a fall in annual demand of 75,000 units. What is the price elasticity of demandStep by Step Solution
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