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The quantity of TVs sold is 100 at the unit price $200. Suppose the price elasticity of demand for TVs by the initial value method is 2.0, and you would like to decrease the unit price for TVs to $150. Then the new quantity sold must be __________ .

A. 125

B. 150

C. 200

D. 250

I think its B; can someone help me?

1 answer

oops It's D 250

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