2. If the current Price is $20 and a decrease in price by 15%causes an increase in sales by 40%, find the current level
Posted: Sun May 08, 2022 8:48 am
2. If the current Price is $20 and a decrease in price by
15%causes an increase in sales by 40%, find the current level of
sales if the price elasticity of demand is -1.2.
- curious about the algebra related to this question
15%causes an increase in sales by 40%, find the current level of
sales if the price elasticity of demand is -1.2.
- curious about the algebra related to this question