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Other Fields Homework Help Economics Topic started by: Chanta35 on Aug 20, 2018



Title: Suppose that when the price of donuts rises 10%, the quantity demanded of donuts falls 3%. Based on ...
Post by: Chanta35 on Aug 20, 2018
Suppose that when the price of donuts rises 10%, the quantity demanded of donuts falls 3%. Based on this information, what is the approximate absolute price elasticity of demand for donuts?
A) 3.33
B) 0.3
C) 30
D) 1.3


Title: Suppose that when the price of donuts rises 10%, the quantity demanded of donuts falls 3%. Based on ...
Post by: ashlen on Aug 20, 2018
 B


Title: Suppose that when the price of donuts rises 10%, the quantity demanded of donuts falls 3%. Based on ...
Post by: Chanta35 on Aug 20, 2018
Marking this solved, moving on to the next...