Business, 07.04.2020 20:34, reneebrown017

Jack owns a pumpkin patch and has been selling pumpkins for $10. As Halloween approaches, he worries about having too many unsold pumpkins, so he lowers the price by 20%. If the price elasticity for pumpkins is 1.5, how many more pumpkins will Jack sell? 25% more 10% more 30% more 13.3% more

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Jack owns a pumpkin patch and has been selling pumpkins for $10. As Halloween approaches, he worries...