Business, 26.10.2019 09:43 isaacdlt15

Quantity (packs of
100 screws)
points
price (dollars per
pack)
$5.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
ebook
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180
240
300
360
420
480
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references
instructions: round your answers to two decimal places. if you are entering any negative numbers be sure to include a negative sign
in front of those numbers.
a. using the regular percentage change method, what is the price elasticity of demand from a price of $4.50 to a price of $4.00 per
pack of 100 screws?
b. using the regular percentage change method, what is the price elasticity of demand from a price of $2.50 to a price of $2.00 per
pack of 100 screws?
c. using the regular percentage change method, what is the price elasticity of demand from a price of $1.00 to a price of $0.50 per
pack of 100 screws?

Answers: 3

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Quantity (packs of
100 screws)
points
price (dollars per
pack)
$5.00

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