What is the price elasticity of demand for automobiles, Microeconomics

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What is the price elasticity of demand for automobiles

Problem

A = 10 percent increase in the price of automobiles reduces the quantity of automobiles demanded by 8 percent. What is the price elasticity of demand for automobiles?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the price elasticity of demand for automobiles

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Microeconomics: What is the price elasticity of demand for automobiles

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