Suppose the price elasticity of demand for text book is 2 and the price elasticity of the text book is increased by 10%. By how much does the quantity demand fall? Enter the result and discuss reasons for the fall in quantity demand?
|
Suppose the price elasticity of demand for text book is 2 and the price elasticity of the text book is increased by 10%. By how much does the quantity demand fall? Enter the result and discuss reasons for the fall in quantity demand?
| All times are GMT -7. The time now is 04:28 PM. |