Business, 11.11.2020 17:50 shadow56

Assuming that the price elasticity of demand for slinkys (slinkys are a metal spring-like children's toy) is 2, an increase in the price of slinkys of 15% would result in (for slinkys) a. an increase in the quantity supplied of 30%b. a decrease in demand of 30%c. a decrease in the quantity demanded of 7.5%d. a decrease in the quantity demanded of 30%

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Assuming that the price elasticity of demand for slinkys (slinkys are a metal spring-like children's...