Answer:
i dont know for sure but I think it would be 0.07
Answer:
we cant answer if we dont see the problem
Step-by-step explanation:
Answer:
4x49=196 which is equivilant to 14x14
Step-by-step explanation:
Answer: The answer would be 20
Step-by-step explanation:
Answer: The price elasticity of the demand for skateboards = 0.6.
Step-by-step explanation:
Since we have given that
Original price of skate boards = $200
Quantity of skate board = 10
New price of skate boards = $300
Quantity of skate board = 7
Since we know that "Price of commodity is inversely related to quantity demanded."
So, price elasticity of demand is given by

Hence, the price elasticity of the demand for skateboards = 0.6.