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Author Question: If 50 units are sold at a price of 20 and 80 units are sold at a price of 15, what is the absolute ... (Read 120 times)

kodithompson

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on: Jun 29, 2018
If 50 units are sold at a price of 20 and 80 units are sold at a price of 15, what is the absolute value of the price elasticity of demand? Use the midpoint formula.
 
  A) 0.17 B) 0.62 C) 1.62 D) 5

Question 2

Refer to Figure 4-1. If the market price is 3.00, what is the maximum number of burritos that Arnold will buy?
 
  A) 0 B) 2 C) 3 D) 4
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mtmmmmmk

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Reply #1 on: Jun 29, 2018
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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kodithompson

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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