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07-02-2020
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The price of season tickets to a performing arts theater decreases by 3 percent. As a result, the quantity demanded increases by 6 percent. The price elasticity of demand for season tickets is 10152 Multiple Choice Î 2 Î4 Î6 Î9

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ewomazinoade ewomazinoade

08-02-2020

Answer:

2

Explanation:

Elasticity of demand = percentage change in quantity demanded/ percentage change in price

= 6% / 3% = 2

I hope my answer helps you

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