Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
brake brake
wrote...
Go to Answer
Posts: 328
Rep: 15 0
6 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:
Read 123 times
3 Replies
Replies
Answer verified by a subject expert
therocket804therocket804
wrote...
#1
Posts: 206
Rep: 61 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

brake Author
wrote...
#2
6 years ago
Enough said, this helped my grade so much
wrote...
#3
6 years ago
Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  463 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 275
  
 75
  
 420