Top Posters
Since Sunday
o
4
b
4
4
s
3
j
3
b
3
m
3
K
3
g
3
L
3
w
3
m
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Retnec Retnec
wrote...
Go to Answer
Posts: 1082
Rep: 5 0
7 years ago
Suppose that when the price of milk is increased by 25 percent the quantity demanded declines by 20 percent. The coefficient of demand elasticity is equal to
A) 0.45.
B) 0.80.
C) 1.25.
D) 0.05.
E) 5.00.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
Read 68 times
1 Reply
Replies
Answer verified by a subject expert
hecosmetichecosmetic
wrote...
#1
Top Poster
Posts: 687
Rep: 8 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Retnec Author
wrote...

7 years ago
Thank you, thank you, thank you!
kamikazekota
wrote...

Yesterday
Correct Slight Smile TY
Transonic
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1068 People Browsing
 114 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 246
  
 383
  
 1128
Your Opinion
Who's your favorite biologist?
Votes: 587
Previous poll results: Should Ph.D.'s be addressed as doctors?