Social Studies
Social Studies, 16.06.2021 14:00, kukisbae

3.4 Use the scenario below to calculate the Ped (PRICE ELASTICITY OF DEMAND):
If the price a product increases from R200 to R250 then demand falls from R450
to 300 units. Calculate Ped (PRICE ELASTICITY OF DEMAND) and determine
the degree of elasticity.
(4)
1121​

answer
Answers: 2

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3.4 Use the scenario below to calculate the Ped (PRICE ELASTICITY OF DEMAND):
If the price a p...

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