If the price elasticity of demand is-1.5 a
题型:单项选择题
问题:
If the price elasticity of demand is-1.5 and you increase the price of the product 2 percent, the quantity demanded will (closest to):()
A. decrease 0.75%
B. decrease 1.5%
C. decrease 3%
If the price elasticity of demand is-1.5 and you increase the price of the product 2 percent, the quantity demanded will (closest to):()
A. decrease 0.75%
B. decrease 1.5%
C. decrease 3%