Business, 08.04.2020 01:36 potternatalie90
Suppose Hamilton decides that if the price of their blenders is $32, the quantity demanded will be 1,000 units, and if the price is $35, the quantity demanded will be 800. The price elasticity of demand for the good is approximately
a. +0.41.
b. -0.44.
c. +0.34.
d. -0.34 e. +2.44.
Answers: 2
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Suppose Hamilton decides that if the price of their blenders is $32, the quantity demanded will be 1...
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