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sundar83 sundar83
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Posts: 1633
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6 years ago
Total demand drops from 500 to 400 units when a retailer increases car wash prices from $3 to $4. Price elasticity of demand (expressed as a positive number) equals ________.
A) 0.57
B) 1.75
C) 0.78
D) 2.60
Textbook 
Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 12th
Authors:
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MartineMartine
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6 years ago
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sundar83 Author
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5 years ago
Thanks for the right answer

Will mark as solved
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