imelda249
27.09.2021 •
Social Studies
Explain what is meant by a price elasticity of demand value of -1.06 for recreation, with reference to why it is negative
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Ответ:
Explanation:
What Does a Price Elasticity of 1.5 Mean? If the price elasticity is equal to 1.5, it means that the quantity demanded for a product has increased 15% in response to a 10% reduction in price (15% / 10% = 1.5).
Ответ:
have a nice day :))