Barb's Bakery made $200 last month selling 100 loaves of bread.This month it made $300 selling 60
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Question:
Barb's Bakery made $200 last month selling 100 loaves of bread.This month it made $300 selling 60 loaves of bread. What is theprice elasticity of demand for Barb's bread?
a. | 0.266 | |
b. | 0.583 | |
c. | 0.642 | |
d. | 1.110 |
Related Book For
Quality Inspired Management The Key to Sustainability
ISBN: 978-0131197565
1st edition
Authors: Harold Aikens
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