Physics, asked by nm159587, 5 hours ago

problem related to elasticity

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Answered by arati91kumari

1

Answer:

To find Julie's elasticity of demand, we need to divide the percent change in quantity by the percent change in price. Her elasticity of demand is the absolute value of -0.8, or 0.8. Julie's elasticity of demand is inelastic, since it is less than 1.

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