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Question 9 2 pts As the price of product X rises from $4 to $6 the result is a decrease in the quantity demanded of prod
Posted: Sat Feb 19, 2022 2:43 pm
by answerhappygod
- Question 9 2 Pts As The Price Of Product X Rises From 4 To 6 The Result Is A Decrease In The Quantity Demanded Of Prod 1 (16.94 KiB) Viewed 56 times
Question 9 2 pts As the price of product X rises from $4 to $6 the result is a decrease in the quantity demanded of product X from 600 units to 500 units. The price elasticity of demand for product X is and total revenue as the price of product X rises from $4 to $6. 1.00; remains constant O 0.45: rises O 0.45:falls 2.22: rises 2.22:falls