If the price increases by 10 percent, and the quantity demanded falls by 5 percent, the absolute?
... value of the price elasticity will be 5.0 50 0.5 -5.0 or:... value of the price elasticity will be 5.0 50 0.5 -5.0
... value of the price elasticity will be
5.0
50
0.5
-5.0
or:... value of the price elasticity will be 5.0 50 0.5 -5.0
Tags:price,
