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insherro insherro
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Posts: 671
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7 years ago
Assume that when price is $20, quantity demanded is 9 units, and when price is $19, quantity demanded is 10 units. Based on this information, we can conclude that over the price range from $19 to $20, demand is price:
A) elastic.
B) unit elastic.
C) inelastic.
D) cannot be determined.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 135 times
1 Reply
University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
Good timing, thanks!
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Yesterday
Thanks
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2 hours ago
This helped my grade so much Perfect
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