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If the price of orange juice rises 8%, and as a result the quantity demanded falls by 10%, the price elasticity of demand for orange

If the price of orange juice rises 8%, and as a result the quantity demanded falls by 10%, the price elasticity of demand for orange juice is

a.

-0.80.
b.

inelastic.
c.

Both A and B above.
d.

Neither A nor B above.

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