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If the Price Elasticity of Demand for Pineapple Is 0

question 52

Multiple Choice

If the price elasticity of demand for pineapple is 0.75,a 4% increase in the price of pineapple will lead to a:


Definitions:

Dissatisfaction

Dissatisfaction is the feeling of unhappiness or discontent resulting from unmet expectations or needs.

Sexist Language

Language that discriminates against or stereotypes individuals based on their gender, often by excluding, trivializing, or diminishing one gender.

Disclaimer

A statement that denies responsibility or affiliation, typically used to limit legal liability.

Per Diem

A daily allowance for expenses, often provided to employees for the days they work away from the office or on business travel.

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