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When Mamma's Pies decreases the price of pies from R40 to R35, the quantity of the pies demanded increases from 800 to 1 150. Calculate

When Mamma's Pies decreases the price of pies from R40 to R35, the quantity of the pies

demanded increases from 800 to 1 150. Calculate the price elasticity of demand for pies at

Mamma's Pies for this price range.

[1] 2,43

[2] 2,69

[3] 2,71

[4] 3,00

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