Mathematics, 18.07.2019 17:20, ebigham5117

If a
16
16 percent increase in the price of cheerios causes a
18
18 percent reduction in the number of boxes of cereal demanded, the price elasticity of demand for cheerios is
minus
−
nothing
. (enter your response rounded to two decimal places.)
the demand for cheerios is
▼
.

Answers: 3

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If a
16
16 percent increase in the price of cheerios causes a
18
18 percen...