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  • 24-11-2022
  • Business
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If a 10% increase in the price of gasoline results in a 2% decrease in the quantity demanded of gasoline, then the elasticity of demand for gasoline is a.equal to 0.2 and demand is inelastic b.equal to 0.2, and demand is elastic c.equal to 5 and is elastic d.equal to five and is inelastic

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