Ask Question
31 July, 15:32

Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the price elasticity of Bobo's demand curve?

+2
Answers (1)
  1. 31 July, 17:11
    0
    Bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the price ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers