quanboy8215 quanboy8215

18-02-2022
Business

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If a small percentage increase in the price of a good greatly reduces the quantity demanded for that good, the demand for that good is.

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almaskhatri8 almaskhatri8

18-02-2022

Answer:

Explanation:

If a small percentage increase in the price of a good greatly reduces the quantity demanded for that good, the demand for that good is: Price elastic.

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