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hiusy98 hiusy98
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7 years ago
If the local pizzeria raises the price of a medium pizza from $6 to $10 and quantity demanded falls from 700 pizzas a night to 100 pizzas a night, the arc price elasticity of demand for pizzas is:
A) 0.67.
B) 1.5.
C) 2.0.
D) 3.0.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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toogootoogoo
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hiusy98 Author
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#2
7 years ago
Needed these to complete my project
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