a. Find the elasticity when the price is $166.65. E=? b.Is the Demand for airfare elastic or inelastic at this price? C.
Posted: Mon Jul 11, 2022 10:50 am
a. Find the elasticity when the price is $166.65.
E=?
b.Is the Demand for airfare elastic or inelastic at this price?
C.Find the price that maximizes revenue
E=?
b.Is the Demand for airfare elastic or inelastic at this price?
C.Find the price that maximizes revenue