CIMA BA1 Question Answer
If a firm reduces the price of its good from $10 to $8 and, as a result, sales rise from 20,000 per month to 22,000 per month, the price elasticity of demand for its good must be
CIMA BA1 Question Answer
If a firm reduces the price of its good from $10 to $8 and, as a result, sales rise from 20,000 per month to 22,000 per month, the price elasticity of demand for its good must be