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Answer to Question #307963 in Economics for Elle

Question #307963

Is there an increase in quantity demanded when the price of the good decrease from ₱150.00 to ₱100.00? If yes, how many percent is the increase? If no, how many percent is the decrease?


1
Expert's answer
2022-03-08T17:43:29-0500

Yes, there is an increase in quantity demanded when the price of the good decrease from ₱150.00 to ₱100.00.


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