Business, 07.03.2020 01:34, ltawiah8393
When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day. In this price range, the price-elasticity coefficient (based on the midpoint formula) for candy bars is:.
1) -1.
2) -2.
3) -0.18.
4) -0.5.
Answers: 1
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When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,00...
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