As the price of dvds increases from 3 to 5, the quantity demanded ...

[jenna1]

As the price of dvds increases from 3 to 5, the quantity demanded falls from 220,000 to 180,000 . The price elasticity of demand for dvds is:
 a. -0.40
  b. -0.33
  c. -3.00
  d. -2.50

Question 2

If the stores could co-operate with each other, it would be efficient
 a. For megastore to advertise and for superstore to advertise
 b. For megastore to advertise and for superstore not to advertise
 c. For megastore not to advertise and for superstore to advertise
 d. For megastore not to advertise and for superstore not to advertise

[nixon_s]

Answer to Question 1

a

Answer to Question 2

d

[jenna1]

TYSM

[nathang24]

Thanks for the timely response, appreciate it