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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-1.25. Star Gym is considering lowering its prices by 9 percent. If x,Y, 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 9%, it can expect its sales to increase by 25%
b. If Star lowers it price by 9%, it can expect its sales to increase by 11%
c. If Star lowers it price by 9%, it can expect its sales to increase by 11.25%
d. If Star lowers it price by 9%, it can expect its sales to increase by 10%
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