During spring break students have an elasticity of demand


During spring break, students have an elasticity of demand for a trip to Florida of -3. How much should an airline charge students for a ticket if the price it charges the general public is $360? Assume the general public has an elasticity of -2.

Request for Solution File

Ask an Expert for Answer!!
Econometrics: During spring break students have an elasticity of demand
Reference No:- TGS0568775

Expected delivery within 24 Hours