If the price elasticity of demand for chicken is 2, then a 20% decrease in the price of chicken will lead to a:


If the price elasticity of demand for chicken is 2, then a 20% decrease in the price of chicken will lead to a:

A.40% increase in the quantity demanded of chicken.

B.10% decrease in the quantity demanded of chicken.

C.40% decrease in the quantity demanded of chicken.

D.10% increase in the quantity demanded of chicken.

正确答案:40% increase in the quantity demanded of chicken.


Tag:微观经济学 中国大学MOOC微观经济学 时间:2021-12-11 14:35:55

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