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If the price of cable service changes from $20 to $30 a month, what percentage of current cable users give up their cable serve if
If the price of cable service changes from $20 to $30 a month, what percentage of current cable users give up their cable serve if the demand is elastic?
a. more than 66%
b. more than 25%
c. more than 33%
d. more than 100%
e. more than 50%
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