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Use the Table Price Elasticities of Demand for Four Goods

Question 73

Multiple Choice

Use the table Price Elasticities of Demand for Four Goods II. If the price of each of these goods increases by 1 percent, which good will have the largest percentage decrease in quantity demanded?
Use the table Price Elasticities of Demand for Four Goods II. If the price of each of these goods increases by 1 percent, which good will have the largest percentage decrease in quantity demanded? A) cheeseburgers B) nachos C) churros D) hot dogs


A) cheeseburgers
B) nachos
C) churros
D) hot dogs

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