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Applied Sciences,Chemistry See all
Applied Sciences,Chemistry,Communications,Economics,Engineering,Environmental science Hide all
Teaching Since: Apr 2017
Last Sign in: 363 Weeks Ago, 6 Days Ago
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  • MBA,PHD in Psychology
    Northwest Florida State College
    Jun-1992 - May-1997

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  • Professor
    Northwest Florida State College,
    Aug-2006 - Nov-2015

Category > Economics Posted 05 May 2017 My Price 9.00

In Pioneer Ville,

In Pioneer Ville, the price elasticity of demand for bus rides is 0.5. When the price of a bus ticket rises by 5 percent, _______.

A. the demand for bus rides increases by 10 percent

 B. the quantity of bus rides demanded increases by 2.5 percent

C. the demand for bus rides decreases by 2.5 percent

D. the quantity of bus rides demanded decreases by 2.5 percent

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CourseWork
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Status NEW Posted 05 May 2017 01:05 PM My Price 9.00

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