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..II Freedom '5' 7:36 PM @ a n 18% C} Freedom 7:36 PM Ouestion 6 (5 marks) What is the price elasticity of demand if

..II Freedom '5' 7:36 PM @ a n 18% C}

Freedom 7:36 PM Ouestion 6 (5 marks) What is the price elasticity of demand if a 3 percent decrease in price causes a 3 percent increase in total revenues? Ouestion 7 (6 marks, each question worth 2 marks)

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