Business, 23.10.2019 04:00, MartinTDL

On most days, the price of a rose is $1, and 8,000 roses are purchased. on valentine's day, the price of a rose jumps to $2, and 30,000 roses are purchased. use the line drawing tool to illustrate the price and quantity increase. label the line you draw 'd1'. carefully follow the instructions above, and only draw the required objects. based on this information, we do not know much about the price elasticity of demand for roses because the demand curve was not constant.

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On most days, the price of a rose is $1, and 8,000 roses are purchased. on valentine's day, the pric...