The price elasticity of demand is the ——

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Question:
The price elasticity of demand is the ——

1.percentage change in the price of one will decrease the demand for the other

2. an increase in the price of one will increase the decrease for the other

3.a decrease in the price of one will increase the demand for the other

4.a decrease in the price of one will have no effect on the demand for the other

Posted Date:-2022-01-04 12:17:19

More MCQS Questions and answers

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