Top Posters
Since Sunday
6
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
mik1104 mik1104
wrote...
Go to Answer
Posts: 327
Rep: 10 0
6 years ago
Owners of a taco shop finds that they can sell 150 tacos a day when the price of a taco is $1.20. When they price tacos at $1, they sell 170 tacos. The absolute value of the price elasticity of demand for tacos is
A) 0.69.
B) 1.45.
C) 1.00.
D) infinity.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 108 times
2 Replies
Replies
Answer verified by a subject expert
taneymctaneymc
wrote...
#1
Posts: 220
Rep: 54 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

mik1104 Author
wrote...
#2
6 years ago
Makes more sense now, have a good weekend!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  539 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 379
  
 139
  
 305
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 486
Previous poll results: Which of the following is the best resource to supplement your studies: