日誌
The owner of a local hot dog stand has estimated that if he lowers the price of
熱度 1 ||
【題目】 The owner of a local hot dog stand has estimated that if he lowers the price of hot dogs from $2.00 to $1.50, he will increase sales from 400 to 500 hot dogs per day. Using the midpoint formula, the demand for hot dogs is
unit elastic.
inelastic.
perfectly elastic.
elastic.
