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Economicsq1) as price drops from $5 to $6 per notebook, the quantity goes up from 300 to 310 pens. what is price elasticity of demand?the
Economicsq1) as price drops from $5 to $6 per notebook, the quantity goes up from 300 to 310 pens.
what is price elasticity of demand?the demand for pens is elastic or inelastic ?TR increased or decreasd from _ to _?
Q2) circle the one with more elastic price elasticity of demend:
A. Food/bread
B. Water/Lamborghini
C. Plane tickets for people whop go on vacation/plane tickets for people who travel for work
D. Bus passes in the short run/bus passes in the log runE. Sneakers/Adidas sneakers
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