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If the price elasticity of demand for Omo washing powder is 3, then a

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If the price elasticity of demand for Omo washing powder is 3, then a

R1,00 drop in price leads to a 333-unit rise in the quantity demanded.

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12 percent drop in price leads to a 4 percent rise in the quantity demanded.

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R1,00 drop in price leads to a 300-unit rise in the quantity demanded.

0%

12 percent drop in price leads to a 36 percent rise in the quantity demanded.

0%

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