During spring break,students have an elasticity of demand for a trip to Florida of −3.How much should an airline charge students for a ticket if the price it charges the general public is $360? Assume the general public has an elasticity of −2.
A) $240
B) $250
C) $260
D) $270

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The Answer of During spring break,students have an elasticity of demand for a trip to Florida of −3.How much should an airline charge students for a ticket if the price it charges the general public is $360? Assume the general public has an elasticity of −2.
A) $240
B) $250
C) $260
D) $270

During Spring Break,students Have an Elasticity of Demand for a Trip