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Economics

Question: Understanding Cause and Effect A hamburger stand raised the price of its hamburgers from $2.00 to $2.50. As a result, its sales of hamburgers fell from 200 per day to 180 per day. Was the demand for its hamburgers elastic or inelastic? Why?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M92294442

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