Economy, asked by kaurmehakdeep558, 6 hours ago

assume now that the you know that the coefficient of price elasticity of demand for an item is 0.4 ( a ) what does this tell you about the demand of the item ( is it elastic or inelastic ) ( b) by how many would the quantity demanded change if the price were to change by 4%?​

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Answered by MoonBlaze
6

Answer:

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