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Elasticity Exercise 3 (Algo) ou observe the price of a latte changes from $7 to $5. Instructions: Round your answer to one decimal place. If

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Elasticity Exercise 3 (Algo) ou observe the price of a latte changes from $7 to $5. Instructions: Round your answer to one decimal place. If you are entering a negative number include a minus sign. a. What is the percentage change in the price of a latte? 96 b. When the price decreases from $7 to $5, quantity demanded will (Click to select) V and quantity supplied will (Clickto select) V

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