Please do not answer if you dont know the correct answer and are 100% sure on it
ID: 2439659 • Letter: P
Question
Please do not answer if you dont know the correct answer and are 100% sure on it... I do not need an explanation... If you answer i will give you a thumbs up this is for a test and its my last attempt if i get it wrong i fail out. this is for a masters level econ class please help i am desperate.
Ater he tax 0n he concert ticket marveet has bern imposea, tlhe ouanthty demanded and tme quanitty Supplied are2 A.104?1DK 30 lok 0 30k Qantty/ me Suppase Salius prza resturaunt roises the price D a large cheese pizz? frorn 18.00 to 10.00 s from $8.00 to S16,00, Asa result the uantity demanded of pizzas decrease of pizzas deorcas point demand for Cheese pnza s B.ine, las he D, Cross elash A easure Dfthe relahon ship betuucen a purcenta mar ket price otaproduct and the Con Seahental percentage ch demanied is cilled ? tne A. mid pbint formula ice last Ca t demand D none indberrand.Explanation / Answer
1) part b 10k, 14k
2)part c , unit elastic
3) part b , price elasticity of demand