I believe the answer will be that, the Gold sales will decrease by 80%. (200 × 0.4)
Price elasticity is a measure of the change in the quantity demanded or purchased of a product in relation to its price change. It is the percentage change in the quantity demanded of a good or a service divided by the percentage change in the price.
That is; Price elasticity of demand = % change in quantity/% change in price

3 0

3 years ago

Hunters should teach others, work with landowners, and cooperate with game wardens. these efforts are part of what makes a hunte

AysviL [449]

<span>This is part of the concept of involvement. Being involved in the hunting sport makes sure that people are responsible for their actions in the future, makes people aware of the needs and requirements of those who do undertake the activity, and gives people the information they'll need in order to be successful at the activity.</span>

7 0

3 years ago

Theresa is considering starting a small business. She plans to purchase equipment costing $145,000. Rent on the building used by

ddd [48]

C

Answer: the answer is (C)

7 0

3 years ago