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Hilda's Hair Hysteria Earned $3,750 in Total Revenue Last Month

Question 276

Multiple Choice

Hilda's Hair Hysteria earned $3,750 in total revenue last month when it sold 125 haircuts.This month it earned $3,600 in total revenue when it sold 90 haircuts.The price elasticity of demand for Hilda's Hair Hysteria is


A) 0.33.
B) 0.88.
C) 1.14.
D) 7.98.

Correct Answer:

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