If the price of a good goes up by 5% and in response the quantity - ProProfs Discuss
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If the price of a good goes up by 5% and in response the quantity falls by 20%, the price elasticity of demand would be

This question is part of Enhance Your Knowledge on Microeconomics with this Quiz
Asked by Wlkg, Last updated: Apr 04, 2019

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wlkg

Wlkg

Answered on Apr 05, 2019

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