At a Price of $25,a Store Can Sell 28 Picture

question 52

Multiple Choice

At a price of $25,a store can sell 28 picture frames a day.If the price falls to $20,the store can sell 35 picture frames a day.Using the initial-value method,the price elasticity of demand is

• A) 0.8.
• B) 1.25.
• C) 1.9.
• D) 2.5.

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The state of being equal, especially in status, rights, and opportunities, promoting fairness and justice within society.

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Constitutional guarantees that ensure fair treatment through the normal judicial system, especially as a citizen's entitlement.

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