CamBroOkaii5397 CamBroOkaii5397
  • 08-03-2024
  • Business
contestada

Problem 1: The quantity demanded for coffee decreases by 8% when the price of coffee increases by 10%. Calculate the price elasticity.
a) 0.8
b) -0.8
c) 1.25
d) -1.25 (

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