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02-06-2023
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A dog rescue operation finds when it sets its adoption fee at $140 in a month, 200 dogs are adopted, but when they drop the price to $60,300 dogs are adopted. What does that mean about the demand elasticity in their area? a The elasticity of demand is 0.5 and its relatively elastic b The elasticity of demand is 2 and its relatively inelastic c The elasticity of demand is 2 and its relatively elastic d none of these answers are accurate e The elasticity of demand is 0.5 and its relatively inelastic

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