The price elasticity is 2. the percentage change in quantity demanded is equal to 5. find the percentage change in price?
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6
The price elsticaly is 3 ne ve 89% to be 5 change worlds.
Answered by
7
Answer:
10
Explanation:
Ep= % change in quantity demanded / % change in price
Or; 2 = % change in quantity demanded/ 5
Or; % change in quantity demanded = 5*2 = 10
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