calculate the price elasticity of demand for the


Calculate the price elasticity of demand for the following products and state whether demand is price elastic, inelastic, or unit elastic,
a. Raw sugar prices rose by 3% and raw sugar consumption declined by 2%.

b. A 10% increase in the price of cigarettes reduce smoking among 8th to 10th graders by 10%.

c. The price of luxury cars increases by 4% while the quantity demanded decreases by 8%.

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Macroeconomics: calculate the price elasticity of demand for the
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