Question
Bowleg flips houses. He advertises to sell houses at $40000 per house. He sells 500 houses. He raises the price to $60000 and sells 400
Bowleg flips houses. He advertises to sell houses at $40000 per house. He sells 500 houses. He raises the price to $60000 and sells 400 houses. What is the elasticity of demand?
[Following up the question 2] How many houses would be sold if the price were $100000 a house?[Following up the question 2] How many houses would be sold if the price were $100000 a house?
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
