Your price elasticity of demand for bananas is 4 if the
Question: Your price elasticity of demand for bananas is 4. If the price of bananas rises by 5 percent, what is:
a. The percentage change in the quantity of bananas you buy?
b. The change in your expenditure on bananas?
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question your price elasticity of demand for bananas is 4 if the price of bananas rises by 5 percent what isa the
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