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-If the Price of Digestive Fire Herbal Tablets Increases from $35

Question 20

Multiple Choice

-If the price of Digestive Fire herbal tablets increases from $35 to $45 a bottle and,as a result,the seller's total revenue increases from $77,000 to $94,500 per month,what is the elasticity of demand? A) 0.08. B) 0.19. C) 0.82. D) 1.26. E) 2.14.
-If the price of Digestive Fire herbal tablets increases from $35 to $45 a bottle and,as a result,the seller's total revenue increases from $77,000 to $94,500 per month,what is the elasticity of demand?


A) 0.08.
B) 0.19.
C) 0.82.
D) 1.26.
E) 2.14.

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