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Pats2010 Pats2010
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2 years ago
Suppose that the quantity of a good demanded rises from 90 units to 110 units when the price falls from $1.20 to 80 cents per unit. The price elasticity of demand for this product is

▸ 1.0.

▸ 4.0.

▸ 0.5.

▸ 1.5.

▸ 2.0.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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zexman911zexman911
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Pats2010 Author
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2 years ago
Smart ... Thanks!
KaylenePig
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Yesterday
Just got PERFECT on my quiz
Marctheshark
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2 hours ago
Brilliant ツ
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