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JoJo's Ice Cream store raises the price per scoop of ice cream by 8%. As a result, the quantity of ice cream scoops purchased decreases
JoJo's Ice Cream store raises the price per scoop of ice cream by 8%. As a result, the quantity of ice cream scoops purchased decreases by 4%. This means that the price-elasticity of demand for JoJo's Ice Cream is Question 18Select one: A. 8. B. 0.5. C. 32. D. 2. E. 4
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