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2. If the price dropped from $10 to $8 how many widgets would be demanded for curve D?

2. If the price dropped from $10 to $8 how many widgets would be demanded for curve D?
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1 vote
2.
If the price dropped from $10 to $8 how many
widgets would be demanded for curve D?

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User Matthias Schuchardt
by
8.3k points

1 Answer

8 votes

a decrease in the price of widgets from $10 to $8 caused the quantity demanded for widgets to increase from 100 to 140 widgets per week. the price elasticity of demand is closest to
answered
User Sherif Eldeeb
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8.8k points
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