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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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Posts: 4852
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8 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

Essentials of Economics


Edition: 4th
Authors:
Read 760 times
5 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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#1
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8 years ago
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#2
8 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
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#3
3 years ago
Perfect
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#4
3 years ago
Thanks
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#5
3 years ago
thanks
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