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Question 10 (1 point) If in response to a 5% decline in price the units sold rose by 7%, then the price elasticity of demand

Question 10 (1 point)

If in response to a 5% decline in price the units sold rose by 7%, then the price elasticity of demand is

Question 10 options:

-2.0

-1.4

-0.71

-12

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