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If the price elasticity of demand is -2, a 1 percent decrease in price willA.double the quantity demanded. B.increase the revenue. C.decrease the revenue. D.increase

If the price elasticity of demand is -2, a 1 percent decrease in price willA.double the quantity demanded.
B.increase the revenue.
C.decrease the revenue.
D.increase the demand by 2%.
E.Both B and D are correct.

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