Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: When the price of textbooks increases from $90 to $110, the quantity of textbooks purchased falls fr
Post by: stars_and_moon on Jul 20, 2016
When the price of textbooks increases from $90 to $110, the quantity of textbooks purchased falls from 1,000 to 800. What is the price elasticity of demand?
A) 0.4
B) 1.11
C) 0.9
D) 0.2


Title: Re: When the price of textbooks increases from $90 to $110, the quantity of textbooks purchased ...
Post by: kingby on Aug 9, 2016
Content hidden


Title: Re: When the price of textbooks increases from $90 to $110, the quantity of textbooks purchased falls fr
Post by: stars_and_moon on Aug 17, 2016
Perfectly answered :D

Cheers


Title: Re: When the price of textbooks increases from $90 to $110, the quantity of textbooks purchased falls fr
Post by: kingby on Aug 18, 2016
Yup, vote with confidence!