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Business, 24.02.2020 22:08 goosenar

In the mid-1900s, the government in the US announced that for every 10 percent rise in the price of cigarettes, the demand is likely to fall by 6 percent.
If this information is correct, what is the value of the price elasticity of demand for cigarettes?

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In the mid-1900s, the government in the US announced that for every 10 percent rise in the price of...

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