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thanhha78 thanhha78
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7 years ago
The quantity of TVs sold is 100 at the unit price $200. Suppose the price elasticity of demand for TVs by the initial value method is 2.0, and you would like to decrease the unit price for TVs to $150. Then the new quantity sold must be
A) 125.
B) 150.
C) 200.
D) 250.
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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thanhha78 Author
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7 years ago
This site is awesome
Cdfields
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Thanks for your help!!
vernonb
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Thanks
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