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Question 8 0.62 pts A food company wants to evaluate the price elasticity of its four products, and thus collects data to compare them.
Question 8 0.62 pts A food company wants to evaluate the price elasticity of its four products, and thus collects data to compare them. The results are summarized as follows: Product A Percent (%) change in price 4% Percent (%) change in sales -10% volume Product B Product C Product D 3.6% 2% 2.8% -9.6% -8% Based on the above information, which of the four products is the most elastic? O Product A O Product C O Product D Product B -11.7%
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