If the price of cheese falls by 1 percent and the quantity demanded rises by 3 percent, then the price elasticity of demand for cheese is equal to:
If the price of cheese falls by 1 percent and the quantity demanded rises by 3 percent, then the price elasticity of demand for cheese is equal to:
A.30.
B.0.333.
C.3.
D.0.30.
正确答案:3.
Tag:微观经济学 中国大学MOOC微观经济学
时间:2021-12-11 14:35:00
- 上一篇:When calculating price elasticity of demand, if the percentage change in price is negative, then the percentage change in quantity demanded is typically:
- 下一篇:If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then the price elasticity of demand is equal to: