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Suppose the demand for restaurant meals is relatively elastic. Then, a 10 percent increase in the price of restaurant meals will O decrease the
Suppose the demand for restaurant meals is relatively elastic. Then, a 10 percent increase in the price of restaurant meals will O decrease the purchase of meals by more than 10 percent O increase the purchase of meals by less than 10 percent O increase the purchase of meals by 10 percent O decrease the purchase of meals by less than 10 percent
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