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What is the quantity demanded

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Reference no: EM131143464

Assume a demand curve with an elasticity of -1 at every point (unit elasticity). At a price of 1, 4 units are demanded. What is the quantity demanded at a price of 0.25?

Reference no: EM131143464

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What is the quantity demanded : Assume a demand curve with an elasticity of -1 at every point (unit elasticity). At a price of 1, 4 units are demanded. What is the quantity demanded at a price of 0.25
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