Arrange the following coefficients of price elasticity of demand in ascending order: ‒ 0.7, ‒ 0.3, ‒ 1.1, ‒ 0.8??
Answers
Answered by
2
-0.3>-0.7>-0.8>-1.1
Answered by
3
hey!!
_________
☆Here:-☆
☆_________☆
- minus sign only represents the inverse relation between price and quantity demanded.
☆Ascending order: -0.3, -0.7,-0.8,-1.1.☆
☆☆~~~~~~~~~☆☆~~~~~~~~~☆☆
☆hope help u!!☆
Similar questions