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The price elasticity of demand is ˗0.5. if we cut prices by 6 percent,

The price elasticity of demand is ˗0.5. if we cut prices by 6 percent,
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The price elasticity of demand is ˗0.5. if we cut prices by 6 percent,

User Alejandro Fiore
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3 votes

Answer:

then quantity demanded will increase by 3%.

User Jchand
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