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Business, 09.10.2019 03:10 bxymichelle

Suppose the price elasticity of demand for cereal is negative βˆ’1.03. if so, then the demand for cereal is (unit-elastic, elastic, inelastic. in another example, assume the price elasticity of demand for a particular magazine is negative βˆ’0.72. the demand for the magazine is unit-elastic, elastic, inelastic

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Suppose the price elasticity of demand for cereal is negative βˆ’1.03. if so, then the demand for cere...
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