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Title: When the price of a movie ticket increases from $5 to $7, the quantity of ticket Post by: Lauren1 on Nov 11, 2014 When the price of a movie ticket increases from $5 to $7, the quantity of tickets demanded decreases from 600 to 400 a day. What is the price elasticity of demand for movie tickets?
A) 0.83 B) 1.20 C) 1.00 D) 2.32 Title: Re: When the price of a movie ticket increases from $5 to $7, the quantity of ticket Post by: MrDereche on Nov 15, 2014 Content hidden
Title: Re: When the price of a movie ticket increases from $5 to $7, the quantity of ticket Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: When the price of a movie ticket increases from $5 to $7, the quantity of ticket Post by: MrDereche on Nov 17, 2014 You're welcome!
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