Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
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
Suppose a 10 percent increase in the price of textbooks decreases the quantity demanded by 20 percent. The elasticity of demand for textbooks is
A) 0.2.
B) 2.0.
C) 5.0.
D) 10.0.
Read 207 times
3 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!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1097 People Browsing
 118 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 260
  
 649
  
 1060
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: What's your favorite math subject?