Business, 22.10.2021 22:10 Arealbot

Village microbrew raised its price from $10 to $12 a case. As a result, sales dropped from 10,500 to 8,100 units. Based on your estimate of the demand elasticity (assume constant elasticity), what percent change in quantity sold would you predict if price were cut from $10 to $9

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Village microbrew raised its price from $10 to $12 a case. As a result, sales dropped from 10,500 to...