AndrewHenriquezGiron
AndrewHenriquezGiron AndrewHenriquezGiron
  • 03-09-2021
  • Advanced Placement (AP)
contestada

When the price increases by 20% and the quantity demanded drops by 20%, the price elasticity of demand is

a. perfectly inelastic.
b. relatively inelastic.
c. perfectly inelastic.
d. relatively elastic.
e. unitary elastic.

Respuesta :

dventura0722 dventura0722
  • 03-09-2021
I think it’s e. Unitary elastic
Answer Link

Otras preguntas

Cellulose, chitin, and peptidoglycan function as structural molecules and withstand pulling and pushing forces well. which structural feature is most directly r
Simplifying expressions without negative exponents with variales
where did the US government originate from
What stores energy serves as a steroid and makes up much of the cell membrane?
Determine where each relation is a function if it is a function then indicate if it is a linear function
. The seventeenth century was characterized by “top down” production of designed goods – that is, those at the top of the social ladder initiated demand that wa
About how far could a subway car travel in 1 hour if its average speed was 0.96 mile per minute?
What can be done to identify barriers to building a loyal customer​ franchise?
Two consecutive integers have a sum of 179 . Find the integers.
the sixth-grade class at west side school starts a charity collection on monday, with $78 donated by the parents organization. they plan to add $2 to the fund e