The price elasticity of demand for housing is .127 and home price surges in your town from $450,000 to $500,000 as sales quantity levels off from 300 to ___ .

A. 299
B. 296
C. 290
D. 250

Question

06-07-2024
Business

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The price elasticity of demand for housing is .127 and home price surges in your town from $450,000 to $500,000 as sales quantity levels off from 300 to ___ .

A. 299
B. 296
C. 290
D. 250

Sagot :

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