question archive When the price of a movie ticket is $10, the quantity demanded is 200 units per month; when the price is $14, the quantity demanded is 160 units per month
When the price of a movie ticket is $10, the quantity demanded is 200 units per month; when the price is $14, the quantity demanded is 160 units per month
Subject:EconomicsPrice:2.88 Bought3
When the price of a movie ticket is $10, the quantity demanded is 200 units per month; when the price is $14, the quantity demanded is 160 units per month. What is the price elasticity of demand?
