If the price elasticity of dvd recorders is -0325 and price


If the price elasticity of DVD recorders is -0.325 and price increases 20%, what happens to the quantity of DVD recorders demanded? A. Quantity decreases by 26% B. Quantity decreases by 6.5% C. Quantity increases by 15% D. Quantity increases by 21% With explanation why?

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Business Economics: If the price elasticity of dvd recorders is -0325 and price
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