when the price of candy bars increased from .45


When the price of candy bars increased from $.45 to $.55 the quantity demanded changed from 21,000 per day to 19,000 per day. In this range the price elasticity of demand for candy bar is?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: when the price of candy bars increased from .45
Reference No:- TGS0154572

Expected delivery within 24 Hours