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Other Fields Homework Help Economics Topic started by: jhaygood86 on Dec 28, 2017



Title: Ian drives to school 5 days a week. Last year, he paid $5 a day for parking. This year, the parking ...
Post by: jhaygood86 on Dec 28, 2017
Ian drives to school 5 days a week. Last year, he paid $5 a day for parking. This year, the parking price rose by 20 percent. Ian still parks 5 days a week. Ian's price elasticity of demand using the simple formula is
A) zero.
B) 1.
C) 20.
D) infinity.
E) 6.


Title: Re: Ian drives to school 5 days a week. Last year, he paid $5 a day for parking. This year, the ...
Post by: Aryan on Dec 28, 2017
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