jaymariepope707 jaymariepope707
  • 24-05-2023
  • Business
contestada

The price of milk at the local grocery store is cut by 15%. In response to the price cut, the quantity of milk demanded rises by 5%. The absolute value of the price elasticity of demand for milk is ____ and the price elasticity of demand is ____
a 0.33; elastic b 3; inelastic c 3: elastic d 0.33; inelastic

Respuesta :

Otras preguntas

what was the significance of the construction of the hoover dam and mount Rushmore
How does the town of molching prepare for "the inevitable"?
Which is not a way in which England's mercantile policy benefited the colonies?
Michaela walked 2/5 mile to the store in 1/4 hour. What is her walking pace?
The ir spectrum of which type of compound will not show evidence of hydrogen bonding?
There are 1295 students attending a small university there are 714 women enrolled. What percentage of students are woman?
What is a replacement set in Algebra?
How much did Maria have in the account after 5 years???
this is energy that is transferred by the movement of electrons through a conductor: the electrons create a current. this type of energy can be transferred in t
Why do you think the United States has a federal type of government?