The price elasticity of a demand for a good is -094 the, Ask an Expert

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The price elasticity of a demand for a good is -0.94, the cross-price elasticity is 1.94, the income elasticity is 1.23, and consumers currently purchase 1,318 units of the good. Find the change in units demanded when the price changes -3.2 percent. Round your answer to one decimal.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92198719

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