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Business, 26.06.2020 15:01 djchase04

Yesterday, the price of gloves was $4 a box, and Reena was willing to buy 10 boxes. Today, the price has gone up to $6 a box, and Reena is now willing to buy 8 boxes. Is Reena's demand for gloves elastic or inelastic? What is Reena's price elasticity of demand?

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Yesterday, the price of gloves was $4 a box, and Reena was willing to buy 10 boxes. Today, the price...

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