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If a firm reduces the price of its good from $10 to $8 and, as...

If a firm reduces the price of its good from $10 to $8 and, as a result, sales rise from 20,000 per month to 22,000 per month, the price elasticity of demand for its good must be

A.

-1

B.

-0.5

C.

+0.5

D.

+1

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