Multiple Choice
Edt = - 5. This means that if
A) Pt increases by 5%, then Qdt will decrease by 1%
B) Qdt increases by 5%, Pt will decrease by 1%
C) Pt increases by 1%, Qdt will decrease by 5%
D) Pt decreases by $1.00, Qdt will decrease by 5 units
Correct Answer:

Verified
Correct Answer:
Verified
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