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picture attached: Question 21 1 pts You run a prot-maximizing monopoly. A consultant informs you that if you increased your price by 10%, the quantity

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Question 21 1 pts You run a prot-maximizing monopoly. A consultant informs you that if you increased your price by 10%, the quantity sold would decrease by 5%. You know this means that demand is ___ at the current price. 0 Perfectly inelastic O Perfectly elastic 0 Unit elastic O Inelastic 0 Elastic

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