Business
Business, 14.04.2020 23:32, nathanowens121224

Suppose the quantity demanded of ski boats falls from 4.0 million to 3.0 million as a result of an average price increase from $20,000 to $25,000 per boat. The absolute value of the price elasticity of demand is closest to (in absolute value) :

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Suppose the quantity demanded of ski boats falls from 4.0 million to 3.0 million as a result of an a...

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