Question: this is my question,. i jist need answer do not have to show work The elasticity of a good is E = 8. What is

this is my question,. i jist need answer do not have to show work

The elasticity of a good is E = 8. What is the effect on the quantity demanded of: (a) A 3% price increase? The quantity demanded will (b) A 3% price decrease? The quantity demanded will v by about a %. %

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