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If the price elasticity of demand for food is 0 . 1 , then a 1 5 percent increase in the price of food will

If the price elasticity of demand for food is 0.1, then a 15 percent increase in the price of food will lead to a ______ decrease in quantity demanded.
Multiple Choice
15 percent
0.15 percent
0.015 percent
1.5 percent

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