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The elasticity of demand for product AA is 1.4, and for product BB is 0.8. If the price of AA decreases by 1%, the quantity

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The elasticity of demand for product AA is 1.4, and for product BB is 0.8. If the price of AA decreases by 1%, the quantity demand should Select one: a. increase by 140%. b. decrease by 1/1.4 = 0.71%. dc. increase by 1.4%. Ad. decrease by 1.4%

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