Question: If elasticity is given by E x Y = 5 x 5 Y , then elasticity is negative when: a decrease in Y produces an

If elasticity is given by ExY=5x5Y, then elasticity is negative when:
a decrease in Y produces an increase in X .
an increase in Y produces a decrease in X .
an increase in X produces an increase in Y .
a decrease in x has no effect on Y.
If elasticity is given by E x Y = 5 x 5 Y , then

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