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The price elasticity of demand for widgets is 0.4. Assuming no change in the demand curve for widgets, a 6 percent decrease in sales implies

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The price elasticity of demand for widgets is 0.4. Assuming no change in the demand curve for widgets, a 6 percent decrease in sales implies a(n) Multiple Choice 13.5 percent increase in price. O 18 percent increase in price. O 15 percent increase in price. O 2.4 percent increase in price

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