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If there is a 12% fall in price results resulting in an 8% increase in quantity demanded, the price elasticity of demand is equal to
If there is a 12% fall in price results resulting in an 8% increase in quantity demanded, the price elasticity of demand is equal to
Question 23 options:
A. 0.67
B. 0.12
C. 1.5
D. None of the above
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