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Economics, Accounting & Business: Post your doubts here!

The answer is 2.40 but i dont understand the workings. can someone please explain in steps how to get the answer ? If we consider $12 as the original price and 4000 units as the original quantity demanded. Then, PED = (20000-4000)/4000...
- SamEcon
- Post #8,441
- Nov 27, 2017
- Forum: A-Levels

Prepare by Xtremepapers!

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