Business

Erica Chan

7 April, 08:54

Skip's sealcoating service increased its total monthly revenue from $12,000 to $13,500 when it raised the price of driveway repairs from $600 to $750. the price elasticity of demand for skip's sealcoating service is

a. 1.12.

b. 0.47.

c. 0.11.

d. 2.11.

+5

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