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03-01-2023
Mathematics

Answered

Shay sells sea shells by the sea shore for P50.00 and the quantity demanded for sea
shells is 300. When she decides to sell sea shells at P40.00, the demand becomes 330.
Should Rachel sell sea shells at P50.00 or at P40.00? Is the demand elastic or inelastic?
Explain your answer.

Answer :

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