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Business, 20.02.2020 21:00 emmaccanttlon

Suppose an 18 percent drop in the price of strawberries leads to a 24 percent increase in the quantity demanded of strawberries and a 12 percent decrease in the quantity demanded of plums. What is the price elasticity of demand for strawberries?

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Suppose an 18 percent drop in the price of strawberries leads to a 24 percent increase in the quanti...

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