If 20% increase in the price of a good leads to a 60% decrease in the quantity demanded, then what is the price elasticity of demand?
If 20% increase in the price of a good leads to a 60% decrease in the quantity demanded, then what is the price elasticity of demand?
A.1/3.
B.1/6.
C.30.
D.3.
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 14:35:48
- 上一篇：If the absolute value of the price elasticity of demand for cell phone service is 3, then if the price of cell phone service increases by 1%, quantity demanded would:
- 下一篇：If a 10% decrease in the price of a good leads to a 20% increase in the quantity demanded, then what is the price elasticity of demand?