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Home Q & A Board Other Fields Homework Help Business Economics
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sgy_89 sgy_89
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6 years ago
If the price elasticity of demand for residential electricity is 0.4, the price of electricity would have to be increased by 25 percent in order to reduce usage by 10 percent.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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foliogefolioge
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sgy_89 Author
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6 years ago
Smart ... Thanks!
rhockeygirl
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Yesterday
this is exactly what I needed
Evolution
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2 hours ago
Thanks for your help!!
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