mrhonda1965 mrhonda1965
  • 25-11-2020
  • Mathematics
contestada

the simple formula for price elasicity of demand is

Respuesta :

Itscuteprincess07
Itscuteprincess07 Itscuteprincess07
  • 25-11-2020

Answer:

The price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price.

Answer Link

Otras preguntas

HACCP are guidelines and regulations for food safety standards. Answer True False
A twin-engine airplane has a speed of 300 mi/hr in still air. Suppose this airplane heads directly south and encounters a 50 mi/hr wind blowing due east. Find t
Use the following excerpt from Boccaccio's The Decameron to answer the following question: In the year of our Lord 1348, there happened at Florence, the finest
Who were the Vikings, and what did they do?
which of the following is most characteristic of the cold war
given the data points (1,5), (3,13) and (5,21), which of the following equations describes the best-fit line?y-hat=4+1xy-hat=2+4xy-hat=1+4xy-hat=-1+4x
altough beowulf was written in old english, where is the story set? A) iceland B) scotland C) scandinavia D) germany
Why did Plato dislike the Athenian democracy?
All scientists try to base their conclusions on _____. a. expert opinions b. data and measurements c. evaluation of historical records d. popular opinion
Factor the polynomial. 6x5 – 18x3 + 54x2 A. 6x2(x3 – 3x + 9) B. 6x2(x3 – 3x2 + 9) C. 6x2(x3 – 3x2 + 9x) D. 2x2(3x3 – 9x + 27)