Economy, asked by gurleen1720, 10 months ago

A manufacturer faces price elasticity of demand of a 1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.
A) 5.15 percent B) 7.65 percent C) 8 percent D) 5.12 percent

Answers

Answered by mamtag1802

0

Answer:

8%

Plz mark as brain list.

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