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What's the price elasticity of the problem? 1. Suppose the price of a Tesla Model Y was $62,000, in 2022 and 60,000 units were sold.

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What's the price elasticity of the problem?

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1. Suppose the price of a Tesla Model Y was $62,000, in 2022 and 60,000 units were sold. Suppose the price of the same Model Y is $66,000 in 2023 and 40,000 units sell this year. Calculate the price elasticity of demand. 64 100, 000 661000 ause a 2 6 2,000 5 4 4

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