Business, 14.02.2020 02:49 epicriderexe

When Heavenly Cookies prices its sugar cookies at $1.00, they sell 75 cookies. They lowered the price to $0.50 and sold 200 cookies. Their total revenue because the price elasticity of demand for sugar cookies is .

a. rose; inelastic
b. rose; elastic
c. stayed the same; unitary elastic
d. fell; inelastic
e. fell; elastic

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When Heavenly Cookies prices its sugar cookies at $1.00, they sell 75 cookies. They lowered the pric...