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pirex pirex
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Posts: 634
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6 years ago
If the price of orange juice rises 10%, and as a result the quantity demanded falls by 8%, the price elasticity of demand for orange juice is
A) -1.25.
B) elastic.
C) Both A and B above.
D) Neither A nor B above.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 101 times
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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#1
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6 years ago
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pirex Author
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6 years ago
Helped a lot
choih94
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Yesterday
Just got PERFECT on my quiz
dri
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2 hours ago
Brilliant ツ
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