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sinerus sinerus
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6 years ago
Suppose that in a month the price of a dozen of eggs increases from $1.50 to $2. At the same time, the quantity of dozens of eggs demanded decreases from 200 to 150. The price elasticity of demand for dozens of eggs is
A) unitary elastic.
B) elastic.
C) inelastic.
D) perfectly inelastic.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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sinerus Author
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6 years ago
This helped my grade so much Perfect
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Thanks for your help!!
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Smart ... Thanks!
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