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If the percentage increase in price is 15 percent and the value of the price elasticity of demand is -3, then quantity demanded? a. Will increase by 45 per cent b. Will increase by 5 per cent c. Will decrease
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If the percentage increase in price is 15 percent and the value of the price elasticity of demand is -3, then quantity demanded?

a. Will increase by 45 per cent
b. Will increase by 5 per cent
c. Will decrease by 45 per cent
d. Will decrease by 5 per cent

User Silvesterprabu
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2 Answers

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It’s b because it will increase
User Musonda
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6 votes

Answer:

what is the question and where areu from

User Jvf
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