Multiple Choice
According to a New York Times article published in November 2005,author Anna Bernasek asserts that a 10 percent increase in the price of gasoline leads to a decline in the quantity demanded of about
A) 0.01 percent.
B) 2 percent.
C) 20 percent.
D) 200 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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