If the price of a product increases by 20 percent and the qu… Post author By Anonymous Post date February 25, 2025 Related Posts:If the price of a product increases by 20 percent…If the price of a product increases by 20 percent…When the average price level increases by 10 percent… ← Which of the following would most likely be the price elasti… → If product X is a luxury, and for product Y there are no clo…