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One football season Domino's Pizza, a corporate sponsor of the Washington Redskins (a football team), offered to reduce the price of its $8 medium-size pizza

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One football season Domino's Pizza, a corporate sponsor of the Washington Redskins (a football team), offered to reduce the price of its $8 medium-size pizza by $1 for every touchdown scored by the Redskins during the previous week. Until that year, the Redskins weren't scoring many touchdowns. If the Redskins scored 2 touchdowns, Domino's pizzas would then sell for $6 a pie. The quantity of pizzas demanded increased the following week from 40 pies an hour to 70 pies an hour. What was price elasticity of demand for Domino's pizza? Instructions: Enter your response rounded to two decimal places. Remember that price elasticity of demand is expressed as a positive number. Do not include a negative sign (-) in your response. Price elasticity of demand is 0.67

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