question archive A store has decided to reduce the price of Enya CD's from $19
A store has decided to reduce the price of Enya CD's from $19
Subject:EconomicsPrice:2.88 Bought3
A store has decided to reduce the price of Enya CD's from $19.98 to $16.98, and the number of CD's sold in one week's time increases from 100 to 140, what is the price elasticity of demand for Enya CD's?
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