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Author Question: Rania is selling boxes of cookies door to door in her neighbourhood. At a price of $10 per box she ... (Read 81 times)

Deej

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on: Oct 12, 2022
Rania is selling boxes of cookies door to door in her neighbourhood. At a price of $10 per box she sold 40 boxes per day. When the price was reduced to $4 per box she sold 100 boxes per day. Assuming that the demand conditions were unchanged, what is the price elasticity of demand for Rania's cookies?
◦ 1
◦ 1.17
◦ -1.7
◦ 0.85
◦ 0
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Deej on Oct 12, 2022

Spike8502

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deej

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

hollysheppard095

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Reply 3 on: Yesterday
Wow, this really help

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