|
Title: A government wants to reduce electricity consumption by 5%. The price elasticity of demand for ... Post by: chomtong on Jun 27, 2017 A government wants to reduce electricity consumption by 5%. The price elasticity of demand for electricity is -0.5. The government must ________ the price of electricity by ________.
A) lower; 0.5% B) raise; 0.1% C) raise; 10.0% D) raise; 1.0% Title: Re: A government wants to reduce electricity consumption by 5%. The price elasticity of demand for ... Post by: Akshtsaklani21 on Jun 27, 2017 Content hidden
|