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A study showed the category price elasticity of Gym membership market - 1 . 2 5 . Star Gym is considering lowering its prices by
A study showed the category price elasticity of Gym membership market Star Gym is considering lowering its prices by percent. If and the other Gym representatives matche the price cut, what is the sales change that Star Gym can expect?
a If Star lowers it price by it can expect its sales to increase by
b If Star lowers it price by it can expect its sales to increase by
c If Star lowers it price by it can expect its sales to increase by
d If Star lowers it price by it can expect its sales to increase by
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