Mathematics
Mathematics, 19.03.2020 21:40, dntestkly7509

At a price of $17.50 to play 18 holes on a golf course, 125 consumers pay to play a game of golf each day. Increasing the price to $22.00 causes the number of consumers to decline to 85.
What is the price elasticity of demand, expressed as a positive number?
(Round your answer to two decimal places.)

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Answers: 1

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At a price of $17.50 to play 18 holes on a golf course, 125 consumers pay to play a game of golf eac...

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