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Home Q & A Board Other Fields Homework Help Business Economics
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chomtong chomtong
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6 years ago
The price elasticity of demand for bottled water in Texas is -2, and the price elasticity of demand for bottled water in California is -0.5. In other words, demand in Texas is ________ and demand in California is ________.
A) inelastic; elastic
B) elastic; unit elastic
C) elastic; inelastic
D) inelastic; unit inelastic
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Akshtsaklani21Akshtsaklani21
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6 years ago
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