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It’s a 50/50 chance since there is only 2 sides. (1?2)
250 units would be demanded when price is $11.67.
<h3>What is price elasticity of demand?</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
<h3>What is the price?</h3>
Percentage change in the quantity demanded = (250 / 200) - 1 = 25%
Percentage change in price = 25% / 1.5 = 16.67
Price = (1 + 0.1667) x 10 = 11.67
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
Tina made a down payment of $1,200 and her monthly payment amount is $200 for 36 months. So we will multiply $200 by 36 and add it to $1,200: $1,200 + 36 * $200 = $1,200 + $7,200 = $8,400. Finally we will add the residual value: $8,400 + $8,500 = $16,900. Answer: C. $16,900