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Other Fields Homework Help Business Topic started by: Lauren1 on Nov 11, 2014



Title: When Monica's Catering lowered the price of catered meals from $60 per person to
Post by: Lauren1 on Nov 11, 2014
When Monica's Catering lowered the price of catered meals from $60 per person to $20 per person, the quantity demanded doubled from 500 meals to 1,000 meals. You can conclude that the demand for Monica's catered meals over the price range of $20 to $60 is
A) upward sloping.
B) unit elastic.
C) elastic.
D) inelastic.


Title: Re: When Monica's Catering lowered the price of catered meals from $60 per person to
Post by: MrDereche on Nov 15, 2014
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Title: Re: When Monica's Catering lowered the price of catered meals from $60 per person to
Post by: Lauren1 on Nov 17, 2014
Thank you, this really, really helps :heart:


Title: Re: When Monica's Catering lowered the price of catered meals from $60 per person to
Post by: MrDereche on Nov 17, 2014
You're welcome!


Title: Re: When Monica's Catering lowered the price of catered meals from $60 per person to
Post by: ViPgirl Jnoon on Apr 19, 2021
Thanks