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The price of hamburgers decreases from $3 to $2 during the next month. This represents an elasticity of demand that is between 0 and 1

The price of hamburgers decreases from $3 to $2 during the next month. This represents an elasticity of demand that is between 0 and 1 (inelastic) 1 and 2 (elastic) 2 and 3 (elastic) 3 and 4 (elastic)

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