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Artyom0805 [142]
3 years ago
11

For a certain good, when price rises from $50 to $55, quantity demanded falls from 8,400 to 7,500. The price elasticity of deman

d here is _____________, making the demand for this good ____________ in the price range between $50 and $55.
Business
1 answer:
yuradex [85]3 years ago
3 0

Answer:

Explanation:

The price elasticity of demand is PERFECTLY ELASTIC making the demand for the goods FALL in the price range between $50 and $55.

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