Recent Posts • Latest Topics • Unanswered Questions

An absolute price elasticity of demand equal to 4 indicates that a

kellz33

wrote...

Go to Answer

Posts: 290

Rep:

5 years ago

An absolute price elasticity of demand equal to 4 indicates that a

An absolute price elasticity of demand equal to 4 indicates that a
A) 4 percent increase in price leads to a 10 percent decrease in quantity demanded.
B) 1 percent increase in price leads to a 4 percent decrease in quantity demanded.
C) 0.4 percent decrease in price leads to a 1 percent increase in quantity demanded.
D) 10 percent decrease in price leads to a 4 percent increase in quantity demanded.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 41 times

1 Reply

Report

Replies

Answer verified by a subject expert

therocket804

wrote...

Posts: 206

Rep:

5 years ago

More solutions for this book are available here

1 Vote

drec92

Report

Related Topics

kellz33 Author

wrote...

5 years ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

Natalie Price

wrote...

Yesterday

Thanks for your help!!

einstein

wrote...

2 hours ago

Smart ... Thanks!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1243 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

1714

284

214

Your Opinion

Previous poll results: Does a gender wage gap exist in America?

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.