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Question 2 (1 point) i '1) Listen ' p Price elasticity of demand of 4.0 means that a 20 percent decrease in price will result

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Question 2 (1 point) i '1) Listen ' p Price elasticity of demand of 4.0 means that a 20 percent decrease in price will result in a O 8 times increase in quantity demanded O 20 percent decrease in quantity demanded O 5 percent decrease in quantity demanded O 5 percent increase in quantity demanded O 80 percent increase in quantity demanded

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