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brake brake
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5 years ago
A 2 percent increase in the price of rice leads to a 2 percent decrease in the quantity demanded of rice. The absolute price elasticity of demand is
A) 3.
B) 1.
C) 0.1.
D) 6.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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therocket804therocket804
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5 years ago
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brake Author
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#2
5 years ago
Enough said, this helped my grade so much
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#3
5 years ago
Perfect
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