Question and answer
If the price of a product goes down by 10% and the quantity demanded goes up by 20% the product is: a. elastic c. cheap b. inelastic d. is an inferior good
If the price of a product goes down by 10% and the quantity demanded goes up by 20% the product is: elastic. [ ]
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Expert answered|soumen314|Points 6665|
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Asked 11/1/2018 4:21:18 PM
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