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pirex pirex
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Posts: 634
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7 years ago
If the price of orange juice rises 10%, and as a result the quantity demanded falls by 8%, the price elasticity of demand for orange juice is
A) -1.25.
B) -80.0.
C) -0.80.
D) -10.0.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 92 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
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Rep: 2 0
7 years ago
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pirex Author
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7 years ago
Thank you, thank you, thank you!
sleinhi
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Yesterday
Thanks
linlinlin
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2 hours ago
This site is awesome
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