Suppose that when the average price of shoes increases by 5
Suppose that, when the average price of shoes increases by 5%, the quantity demanded of shoes decreases by 3%.
What is the price elasticity of demand?
Is the demand for the shoes elastic or inelastic? Explain your answer.
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1 on planet x an astronaut has maximum walking speed of 19 ms the astronauts legs are each 13 m long what is the
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