Assume that start-up drone manufacturer sold 2,000 units during its first year on the market and...

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Assume that start-up drone manufacturer sold 2,000 units during its first year on the market and decides to adjust their price after that first year by increasing the current price of $600 to a new price of $900. In response, assume that demand for their drones decreased by 300 units during the following year at the new price. Based on all of this information, calculate the price elasticity of demand for these robot vacuum cleaners. (don't forget, you can use the Proctorio whiteboard and calculator, do not use scratch paper or anything other than Proctorio tools) 01 O 0.60 3.33 0.30 03.00 Assume that start-up drone manufacturer sold 2,000 units during its first year on the market and decides to adjust their price after that first year by increasing the current price of $600 to a new price of $900. In response, assume that demand for their drones decreased by 300 units during the following year at the new price. Based on all of this information, calculate the price elasticity of demand for these robot vacuum cleaners. (don't forget, you can use the Proctorio whiteboard and calculator, do not use scratch paper or anything other than Proctorio tools) 01 O 0.60 3.33 0.30 03.00

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