Business, 04.09.2020 21:01 abbygreen

The price of cigars is $10, with a quantity demanded of 1,000 per day. If the price increases to $12, the quantity demanded declines to 800 per day. What is the absolute value of elasticity of demand?

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The price of cigars is $10, with a quantity demanded of 1,000 per day. If the price increases to $12...

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