suppose the price of twinkies decreases from 145


Suppose the price of Twinkies decreases from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from 2,000 to 2,200. Using the midpoint method, the price elasticity of demand for Twinkies in the given price range is

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: suppose the price of twinkies decreases from 145
Reference No:- TGS0378670

Expected delivery within 24 Hours