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The price elasticity of demand for a product is 1.5 and you would like to see th
Asked by: ClassicalKy
from -
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The price elasticity of demand for a product is 1.5 and you would like to see the quantity demanded increase by 30%. Then the percentage change in price should be:
10%.
15%.
20%.
25%.
10%.
15%.
20%.
25%.
No Clarification Requests
Survey Responses
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A |
0%
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B |
0%
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C |
100%
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D |
0%
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Total: 2 Responses
All Responses
Showing 1-2 from 2 Answers
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smohpal
from New Delhi, India
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Answer Date: 01:09am 05/11/08
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Answer Date: 09:40pm 05/04/08
1
