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Avg. Monthly Bubble Tea Store Sales Price per Bubble Tea Current Price 170 $3.00 Test Market A 150 $4.00 Test Market B 130 $5.00 Test
Avg. Monthly Bubble Tea Store Sales Price per Bubble Tea Current Price 170 $3.00 Test Market A 150 $4.00 Test Market B 130 $5.00 Test Market C 110 $6.00 Test Market D 90 $7.00 Calculate the % Change in Price and % Change in Demand for each store (note: you cannot calculate this for Test Market D stores because it is the final value in the series). Assume the lower price is acting as a base. (Round to one decimal place.)
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