Question
The demand for hand sanitizers rises from 5000 to 6600 bottles when the price falls from $6 to $4.50 per bottle. a. The price elasticity
The demand for hand sanitizers rises from 5000 to 6600 bottles when the price falls from $6 to $4.50 per bottle.
a. The price elasticity of demand for hand sanitizer is: ( Round your final answer to 2 decimal places)
b. The slope of demand for hand sanitizer is: bottle/$. ( Round your final answer to 2 decimal places)
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
