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Tidy Tidy
wrote...
Posts: 9704
6 years ago
If the absolute value of the price elasticity of demand for DVD movies is 0.8 then the elasticity of demand for the DVD for the movie The Hangover should be
A) less then 0.8 in absolute value.
B) greater than 0.8 in absolute value.
C) equal to 1 in absolute value.
D) equal to zero because the DVD of this movie has been out for several years.
Textbook 

Essentials of Economics


Edition: 4th
Authors:
Read 634 times
7 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5639
6 years ago
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wrote...
6 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
wrote...
A year ago
Perfect
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A year ago
Thanks
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10 months ago
Thank you so much
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10 months ago
thanks
wrote...
6 months ago
Thanks!
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