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If the price of a good falls from $20 to $10 and quantity demanded rises from 400 to 500, the demand would be classified as

If the price of a good falls from $20 to $10 and quantity demanded rises from 400 to 500, the demand would be classified as inelastic. O False True

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Foundations of the Legal Environment of Business

Authors: Marianne M. Jennings

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978-1305117457

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