A) quantity 100 to 120 ; price £5 to £3
B) quantity 20 to 25 ; price £8 to £7
C) quantity 12 to 16 ; price £3 to £0
D) quantity 150 to 200 ; price £12 to £10
E) quantity 45 to 45 ; price £6 to £8
F) quantity 32 to 40 ; price £24 to £2
Calculate the Price Elasticity of Demand
State whether the products are price elastic or price inelastic
1 comment:
I'm presuming C was mistyped?
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