The demand for a good is linear suppose that the price of
The demand for a good is linear. Suppose that the price of this good falls from $12 to $10. This causes the quantity demanded to increase from 20 to 40. What is the price elasticity of P = $11?
Now Priced at $10 (50% Discount)
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the demand for a good is linear suppose that the price of this good falls from 12 to 10 this causes the quantity
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