Business, 27.03.2020 00:57, Zykuko

The price elasticity of demand for Stork iceminus−cream is minus− 4. Suppose you're told that following a price increase, quantity demanded fell by 10 percent. What was the percentage change in price that brought this about? A. 0.4 percent. B. 25 percent. C. 40 percent. D. 2.5 percent.

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The price elasticity of demand for Stork iceminus−cream is minus− 4. Suppose you're told that follow...