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ECO1104 (229)
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Lecture 8

ECO Lecture 8.docx

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Department
Economics
Course
ECO1104
Professor
A L L
Semester
Fall

Description
ECO Lecture 8Page 681010220200200Page 7From A to BP increase 25 quantity decrease 33elasticite3325133From B to AP decrease 20 Q increase 50Elasticity5020250Page 8Ep128202200250Page 9From 30 to 20Ep 20040 50From 20 to 10Ep676710From 10 to 0Ep 4020002 Page 10Elastic demandQuantity demanded responds strongly to changes in pricePrice elasticity of demand is greater than one
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