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Other Fields Homework Help Economics Topic started by: hiusy98 on Jan 23, 2017



Title: Suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. The ...
Post by: hiusy98 on Jan 23, 2017
Suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. The theater manager observes that the rise in price causes attendance at a given movie to fall from 300 persons to 200 persons. What is the arc price elasticity of demand for movies?
A) 0.5
B) 0.8
C) 1.0
D) 1.2


Title: Re: Suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. The ...
Post by: sofresh on Jan 23, 2017
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Title: Re: Suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. The ...
Post by: hiusy98 on Mar 27, 2017
This course was so challenging before I signed up here, thanks


Title: Re: Suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. The ...
Post by: henkiet on Sep 13, 2018
thank you