Multiple Choice
As the price of video games is raised from $40 to $45,their quantity demanded fell from 1.5 million copies to 1.2 million copies.The elasticity of demand of video games is:
A) 0) 25
B) 1) 89
C) 1) 66
D) 2) 08
Correct Answer:
Verified
Correct Answer:
Verified
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