Question: tps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fn.. Activity i Saved Help Save & Exit Submit Check my work Suppose that Super Market increased the price of a dozen free-range eggs from

tps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fn.. Activity i Saved Help Save & Exit Submit Check my work Suppose that Super Market increased the price of a dozen free-range eggs from $5.50 to $6.50. As a result, it found that the daily quantity sold fell from 42 to 38 dozen. a) What is the price elasticity coefficient of demand for eggs? Round your answer to 1 decimal place. b) What was Super Market's total revenue from eggs before and after the price change? Before the price change: $ After the price change: $ c) What does your answer to (b) suggest about the price elasticity of demand for eggs? The price elasticity of demand for eggs is (Click to select) v The following week, Super Market increased the price of a dozen muffins from $16.00 to $19.00. The result was a drop in the daily quantity of muffins sold from 10 to 8. d) What is the price elasticity coefficient of demand for muffins? Round your answer to 2 decimal places. e) What was Super Market's total revenue from muffins before and after the price change? Before the price change: $ After the price change: $ Prev 1 of 8 Next > 503 ENG 7:22 PM OLO P US 2022-10-05 23

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