Your Best Brand Bike Shorts-BBB Shorts have been flying off the shelf.Your chief economist tells you that during the Covid-19 pandemic, "the taste for bicycling has changed.The price elasticity of demand is much more inelastic.The price elasticity of demand has decreased from -5.76 to -2.70."

Before the campaign, your price was $240 per pair of BBB Shorts.What should the new price be?

Please enter the new price here: $