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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: The price of a bag of pretzels rises from $2 to $3 and the quantity demanded decreases from 100 to 6
Post by: Loraine on Jun 20, 2015
The price of a bag of pretzels rises from $2 to $3 and the quantity demanded decreases from 100 to 60. What is the price elasticity of demand?
A) 1.0
B) 1.25
C) 40.0
D) 20.0
E) 0.80


Title: Re: The price of a bag of pretzels rises from $2 to $3 and the quantity demanded decreases from 100
Post by: Smoooth on Aug 10, 2015
Content hidden


Title: Re: The price of a bag of pretzels rises from $2 to $3 and the quantity demanded decreases from 100 to 6
Post by: Smoooth on Aug 31, 2015
My pleasure :-]