Business, 28.01.2020 17:45 zoriahmendoza

1. when the price of good a increased from $90 to $110, the quantity demanded of
good a decreased from 350 units to 250 units.
a. what is the price elasticity of demand for good a?
b. is the demand for a elastic or inelastic?
c. what is the effect on total revenue of this increase in price?

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1. when the price of good a increased from $90 to $110, the quantity demanded of
good a decrea...

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