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发布时间:2023-10-16 16:21:56

[单项选择]If the price elasticity of demand for a good is 4.0, then a 10 percent increase in price would result in a: ()
A. 4% decrease in the quantity demanded.
B. 10% decrease in the quantity demanded.
C. 40% percent decrease in the quantity demanded.

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[单项选择]A particular product's price elasticity of demand is less than one. If the firm producing the product wants to increase its total revenue, the firm should most likely:()
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