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If the price elasticity of demand is -1.5, a 1.5 percent decrease in price will increase quantity demanded by A. 25% B. 2.25% C. 1.5%

If the price elasticity of demand is -1.5, a 1.5 percent decrease in price will increase quantity demanded by

A. 25%

B. 2.25%

C. 1.5%

D. 20%

E. 10%

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