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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
When the price of textbooks increases from $90 to $110, the quantity of textbooks purchased falls from 1,000 to 800. What is the price elasticity of demand?
A) 0.4
B) 1.11
C) 0.9
D) 0.2
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
wrote...
#3
7 years ago
Yup, vote with confidence!
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