Which of the following would represent inelastic demand? 5% decrease in quantity; 3% increase in price 3% decrease in qu

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answerhappygod
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Which of the following would represent inelastic demand? 5% decrease in quantity; 3% increase in price 3% decrease in qu

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Which of the following would represent inelastic demand?
5% decrease in quantity; 3% increase in price
3% decrease in quantity; 5% increase in price
5% decrease in quantity; 5% increase in price
3% decrease in quantity; 3% increase in price
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