What can you tell about lisas price elasticity of demand, Microeconomics

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What can you tell about lisas price elasticity of demand

Problem

Ice cream. Over the past years, the price of ice cream has varied between $3 and $6 per pound. Lisa's weekly expenditure on ice cream is higher in weeks when the price is lower. What can you tell about Lisa's price elasticity of demand for ice cream?

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Microeconomics: What can you tell about lisas price elasticity of demand

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Microeconomics: What can you tell about lisas price elasticity of demand

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