A sporting goods store observes that as they reduce the price of - ProProfs Discuss
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A sporting goods store observes that as they reduce the price of squash balls from $8 to $4, their quantity demanded rises from 200 to 220. The own-price elasticity of demand of squash balls can be calculated to be?

This question is part of Enhance Your Knowledge on Microeconomics with this Quiz
Asked by Wlkg, Last updated: Dec 18, 2019

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wlkg

Wlkg

Answered Jan 13, 2019

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