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The original price of product X is 20.00 before an increase of 5.00. Because of this, the demand for the product decrease from 50 units

The original price of product X is

20.00 before an increase of

5.00.

Because of this, the demand for the product decrease from 50 units to

40 units. The price elasticity coefficient of the product X is:

0.75

1.00

0.80

0.08

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