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If the price elasticity of demand of for gasoline is 1.8, then a 15% decrease in quantity demanded is caused by

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 3SQP

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If the price elasticity of demand of
for gasoline is 1.8, then a 15%
decrease in quantity demanded is
caused by ....

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