Suppose the price elasticity of demand 1.15 If so, then the demand for cereal is elasticor inelastic. In another example, assume the price elasticity of demand for aparticular magazine is negative .1.16 The demand for the magazine is inelastic. or .• Elastic . . .
https://proficientwriters.net/wp-content/uploads/2020/04/logo-300x60.png 0 0 Paul https://proficientwriters.net/wp-content/uploads/2020/04/logo-300x60.png Paul2021-04-27 16:04:102021-04-27 16:04:10Suppose the price elasticity of demand 1.15 If? so, then the demand for cereal is ?elasticor inelast