As the price of video games is raised from $40 to $45,their quantity demanded fell from 1.5 million copies to 1.2 million copies.The elasticity of demand of video games is:
A)0)25
B)1)89
C)1)66
D)2)08

Question

Quizplus · Accepted Answer

The Answer of As the price of video games is raised from $40 to $45,their quantity demanded fell from 1.5 million copies to 1.2 million copies.The elasticity of demand of video games is:
A)0)25
B)1)89
C)1)66
D)2)08

As the Price of Video Games Is Raised from $40