If the demand elasticity is -242 and has a 10 percent


If the demand elasticity is -2.42 and has a 10 percent decrease in price, what would happen to the quantity demanded. 1. decrease by 2.4 percent 2. increase by 24.2 percent 3. decrease by 24.2 percent 4. increase by 2.4 percent

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Business Economics: If the demand elasticity is -242 and has a 10 percent
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