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jhaygood86 jhaygood86
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6 years ago
Ian drives to school 5 days a week. Last year, he paid $5 a day for parking. This year, the parking price rose by 20 percent. Ian still parks 5 days a week. Ian's price elasticity of demand using the simple formula is
A) zero.
B) 1.
C) 20.
D) infinity.
E) 6.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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#1
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6 years ago
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jhaygood86 Author
wrote...

6 years ago
Thanks
Hellish Lover
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Cdfields
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2 hours ago
Good timing, thanks!
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