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stars_and_moon stars_and_moon
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7 years ago
You own your own business mowing lawns. The price elasticity of demand for lawn mowing is 3.1. Since demand is ________ you should ________ your price.
A) elastic; raise
B) elastic; lower
C) inelastic; lower
D) inelastic; raise
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kingbykingby
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
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#3
7 years ago
I instantly knew the answer when I read the question, happy to help
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