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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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