jordanbledsoe
Feb 3, 2015, 03:07 PM
A.
if price increases by $1.00, quantity demanded will decrease by .85.
B.
if price decreases by $0.85, quantity demanded will increase by 1.
C.
a price of $1.00 will result in sales increase of .85 units.
D.
if price increases by 1%, quantity demanded will decrease by .85%.
E.
if price increases by 1%, demand will decrease by .85%.
if price increases by $1.00, quantity demanded will decrease by .85.
B.
if price decreases by $0.85, quantity demanded will increase by 1.
C.
a price of $1.00 will result in sales increase of .85 units.
D.
if price increases by 1%, quantity demanded will decrease by .85%.
E.
if price increases by 1%, demand will decrease by .85%.