Small Joey Kuang

Budget: $15


Quantity demanded decreases by 10% when price increases by 5%. How much does quantity demanded increase by when price decreases by 10%


Small Tutor Farzad Farzanegan

Elasticity of demand = % change in quantity/% change in price = 10/5=2. If price ...

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.