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If the Price Elasticity of DVD Recorders Is-0

question 65

Multiple Choice

If the price elasticity of DVD recorders is-0.3 and price increases 20%,what happens to the quantity of DVD recorders demanded?


Definitions:

Right-align

A text formatting option that aligns the text with the right margin of a document or text container.

Paragraph

A distinct section of a piece of writing, usually dealing with a single theme and indicated by a new line, indentation, or numbering.

Paragraph Indent

The space added between the margin and the beginning of a paragraph, used to visually separate paragraphs or denote new sections.

Left-align

Aligning text or objects to the left side of a page or containing block, making the right edge ragged.

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