Q. The price of a good falls from $15 to $13. Given this decline in price, the quantity demanded of the good rises from 100 units to 120 units. The own-price elasticity of demand for the good is closest to:
- −0.67.
- −1.50.
- −1.25.
Solution
B is correct. The own-price elasticity of demand (E
同样的题目 为何品职的答案和协会的答案不一样啊