Economy, asked by abdullahshah6555279, 8 months ago

when price Falls from $8 to $7 demand Rises from 10 to 16 what is the technical term for this change in the quantity demanded?

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Answered by shubhamkh9560

Answer:

mark as brainlist answer

Explanation:

lattes are a substitute for a normal good. When the increase in price for a new video game is 10%, the increase in quantity supplied of that new video game is 60%. What is the price elasticity of supply for that video game? elastic.

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when price Falls from $8 to $7 demand Rises from 10 to 16 what is the technical term for this change in the quantity demanded?​

Answers

when price Falls from $8 to $7 demand Rises from 10 to 16 what is the technical term for this change in the quantity demanded?