question archive Assuming the price elasticity of demand for textbooks is 2, and the price of the textbook gets increased by 10%, by how much does the quantity demand fall?

Assuming the price elasticity of demand for textbooks is 2, and the price of the textbook gets increased by 10%, by how much does the quantity demand fall?

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Assuming the price elasticity of demand for textbooks is 2, and the price of the textbook gets increased by 10%, by how much does the quantity demand fall?

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