Top Posters
Since Sunday
g
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
s
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
Lauren1 Lauren1
wrote...
Go to Answer
Posts: 4120
Rep: 12 0
9 years ago
When Monica's Catering lowered the price of catered meals from $60 per person to $20 per person, the quantity demanded doubled from 500 meals to 1,000 meals. You can conclude that the demand for Monica's catered meals over the price range of $20 to $60 is
A) upward sloping.
B) unit elastic.
C) elastic.
D) inelastic.
Read 625 times
4 Replies
Replies
Answer accepted by topic starter
MrDerecheMrDereche
wrote...
#1
Top Poster
Posts: 4095
Rep: 304 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
wrote...
#4
2 years ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  736 People Browsing
 107 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 806
  
 800
  
 392
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308
Previous poll results: Where do you get your textbooks?