Business, 22.05.2021 01:00 sfigel3160
Increased
10. The price elasticity of demand (PED) for a product is estimated at 15. The current
level of sales is 1000 per week. If the PED estimate is correct and the price of the
product increases from $2 to $2,40, what will be the new weekly level of sales ?
A 700
B1300
C800
D.900
Answers: 2
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Increased
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