What is jacks elasticity of demand

Reference no: EM133706808

Question: What is Jack's elasticity of demand if his first price for his skateboards was $28 (P1=$28) at a quantity of 4 (Q1=4) and his second price per skateboard was $35 (P2=$35) at a quantity of 5 (Q2=5)? State whether elasticity of demand is elastic, inelastic, or unit elastic.

Reference no: EM133706808

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