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Question 31 (1 point) If an increase in price results in a decrease in consumer spending, which of the following COULD be the value for

Question 31 (1 point) If an increase in price results in a decrease in consumer spending, which of the following COULD be the value for own-price elasticity of demand? 1. 0.2. 2. 0.1. 3. 1.0. 3 only. 1 and 2 only. None of 1, 2, or 3. 1, 2, and 3

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