the financial advantage (disadvantage) of accepting the new customer's order Profits will be increased by $273,000 if an order is accepted.
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Answer:
Option D.
Explanation:
Given information:
Formula for price elasticity of demand is
Substitute the given values in the above formula.
Absolute value is
The absolute value of the price elasticity of demand for DVD players is 2.67.
Therefore, the correct option is D.