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Andrei [34K]
3 years ago
14

If a firm reduces the price of its product from $6 to $4 and the quantity demanded of the product increases from 45,000 to 55,00

0 units per week, then the arc price of elasticity is equal to A. –10. B. –0.5. C. 0. D. –1.
Business
1 answer:
vivado [14]3 years ago
8 0

Answer:

The correct answer is

B. –0.5

good luck ❤

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