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The quantity demanded of a product rises from 200 000 to 300 000 units when its price falls from $4 to $1. The numerical value

The quantity demanded of a product rises from 200 000 to 300 000 units when its price falls from $4 to $1. The numerical value of the price of elasticity of demand for this product is therefore: 3.00 0.67 O 0.17 O 0.44 0.33

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