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Price Mart reduces the price of a 42 inch TV Plasma from $1,200 to $1,000. As a result sales of TV Plasmas increased from 30 units a month to 42 units a month. find out the price elasticity of demand for TV Plasmas. How could we classify the demand for TV Plasmas?

Microeconomics, Economics

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  • Reference No.:- M946893

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