Title: Suppose that Cheddars is currently selling 500 Chicken and Oriental salads for $5. Suppose that the ... Post by: Alek Hsiang on Mar 17, 2019 Suppose that Cheddars is currently selling 500 Chicken and Oriental salads for $5. Suppose that the own-price elasticity for this product is -0.8. If Cheddars wishes to lower the price to $4, you predict that, all other factors held constant, the number of Chicken and Oriental salads sold at this price will be • 420. • 580. • 600. • Can't tell; insufficient information. Title: Suppose that Cheddars is currently selling 500 Chicken and Oriental salads for $5. Suppose that the ... Post by: sadeen on Mar 17, 2019 580.
Title: Suppose that Cheddars is currently selling 500 Chicken and Oriental salads for $5. Suppose that the ... Post by: Alek Hsiang on Mar 17, 2019 This calls for a celebration :raised_hands:
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