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Author Question: Suppose that the quantity of pizza demanded decreased by 15 percent after an increase in price of 10 ... (Read 57 times)

saraeharris

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on: Jun 29, 2018
Suppose that the quantity of pizza demanded decreased by 15 percent after an increase in price of 10 percent. What is the price elasticity of demand for pizza?
 
  A) 1.50
  B) 0.67
  C) -1.50
  D) -0.67

Question 2

Sarah buys shares from a financial institution that uses her funds together with other funds to purchase U.S. treasury bills. Sarah has deposited her money into a ________.
 
  A) savings bank
  B) credit union
  C) money market mutual fund
  D) savings and loan association


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LegendaryAnswers

  • Sr. Member
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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


saraeharris

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mohan

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

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