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Under which of the following condition ( s ) are prices said to be elastic? Price Change Change in Sales Volume A . Increase Sizable

Under which of the following condition

(

)

are prices said to be elastic?

Price Change Change in Sales Volume

.

Increase Sizable increase

.

Increase Sizable decrease

.

Decrease Sizable increase

.

Decrease Sizable decrease

.

Either sizable increase or decrease Either sizable increase or decrease

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