Calculate the price elasticity of demand

Reference no: EM133659633

Problem: The table below provides price and output information for Angela's weekly demand curve for cheeseburgers. Use the information in the table to answer the questions below, and give all answers to two decimals. Price (per cheeseburger) Number of Cheeseburgers Demanded (per week) $14 1 $10 3. Calculate the price elasticity of demand (at $14) if the price falls from $14 to $10.

Reference no: EM133659633

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Calculate the price elasticity of demand : The table below provides price and output information for Angela's weekly. Calculate the price elasticity of demand (at $14) if the price falls from $14 to $10.

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