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Title: A local pizzeria raised its price from $9 to $11 for each pizza and the sales of Post by: Lauren1 on Nov 11, 2014 A local pizzeria raised its price from $9 to $11 for each pizza and the sales of its pizza decreased from 150 to 100 per day. What is the price elasticity of demand in this case?
A) 1/2 B) -2 C) -1/2 D) 2 Title: Re: A local pizzeria raised its price from $9 to $11 for each pizza and the sales of Post by: MrDereche on Nov 15, 2014 Content hidden
Title: Re: A local pizzeria raised its price from $9 to $11 for each pizza and the sales of Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: A local pizzeria raised its price from $9 to $11 for each pizza and the sales of Post by: MrDereche on Nov 17, 2014 You're welcome!
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