The weekly sales in Honolulu Red Oranges is given by the following equation. Calculate the elasticity of demand for a price of $23 per orange.
A)-0.63
B)-0.09
C)0.63
D)1.35
E)-1.35

Question

The weekly sales in Honolulu Red Oranges is given by the following equation.  Calculate the elasticity of demand for a price of $23 per orange.
A)-0.63 
B)-0.09 
C)0.63 
D)1.35 
E)-1.35

Quizplus · Accepted Answer

The Answer of The weekly sales in Honolulu Red Oranges is given by the following equation.  Calculate the elasticity of demand for a price of $23 per orange.
A)-0.63 
B)-0.09 
C)0.63 
D)1.35 
E)-1.35

The Weekly Sales in Honolulu Red Oranges Is Given by the Following