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MrGrimey MrGrimey
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Posts: 336
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6 years ago
The price for tickets of a sold-out event increase by 30% but quantity sold remains unchanged. The price elasticity of demand equals
A) 0.
B) 1.
C) infinity.
D) Cannot be determined.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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unExpectedunExpected
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#1
Posts: 267
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6 years ago
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* Majoring in business & math

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