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A popular clothing website sold five units of a dress when the price was $300 and 20 units when the price was marked down to $100. What is the own-price elasticity of demand for…

A popular clothing website sold five units of a dress when the price was $300 and 20 units when the price was marked down to $100. What is the own-price elasticity of demand for…
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A popular clothing website sold five units of a dress when the price was $300 and 20 units when the price was marked down to $100. What is the own-price elasticity of demand for the dress using the midpoint formula

asked
User Gerd
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7.9k points

1 Answer

7 votes

Answer:

300-100=200 dollars

Step-by-step explanation:

answered
User Kuvonchbek Yakubov
by
8.4k points
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