Business, 05.03.2020 05:29, dee6991

"Block's sells 500 bottles of perfume a month when the price is $7. A huge increase in resource costs causes price to rise to $9 and Block's only manages to sell 460 bottles of perfume. The price elasticity of demand is:"

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"Block's sells 500 bottles of perfume a month when the price is $7. A huge increase in resource cost...