If the price elasticity of demand for apples is 13 then a, Business Economics

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If the price elasticity of demand for apples is 13 then a

If the price elasticity of demand for apples is 1.3, then a 15% decrease in quantity demanded is caused by a: a. 16.67% decrease in the prices of apples b. 16.67% increase in the price of apples c. 11.54% increase in the price of apples d. 11.54% decrease in the price of apples e. 8.33% increase in the price of apples f. 7.41% decrease in the price of apples Please show your work.

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Business Economics: If the price elasticity of demand for apples is 13 then a

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Business Economics: If the price elasticity of demand for apples is 13 then a

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