When the price of product A decreases by 3%, its quantity demanded increases by 15% and the quantity demanded for Product B increases by 20%. What is the elasticity of demand?
-0.15
-0.2
-5
-6.67
When the price of product A decreases by 3%, its quantity demanded increases by 15% and the quantity demanded for Product B increases by 20%. What is the elasticity of demand?
-0.15
-0.2
-5
-6.67
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