GroMo sells boxes of tulip bulbs. The graph of the elasticity function is shown below. 2 ex (0,-0) 0 2 4 6 8 10 a.
GroMo sells boxes of tulip bulbs. The graph of the elasticity function is shown below. 2 ex (0,-0) 0 2 4 6 8 10 a. At what price is the elasticity of demand unitary? b. Reading from the graph, we see that E (8.00) = 2. If the price increases 1% from $8.00, how will the demand change? Demand will Select an answer v| by approximately Select an answer v
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