hickslily9
28.09.2019 •
Business
2examples of a discretionary expenses
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Ответ:
Ответ:
Elasticity = (percentage change of demand/percentage change of price)
Elasticity is equal to 0.5. The percentage change of price is:
Percentage change of rise = (20-19)/20 * 100 = 5%
Then,
0.5 = Percentage change in demand/5%
Percentage change in demand = 2.5%