Scenario 2: Suppose that the demand for artichokes (Qa ) is given as: Qa = 200 minus 4P Use the information in Scenario 2. What is the price elasticity of demand if the price of artichokes is $10?
A. 0
B. minus4
C. minus0.25 Your answer is correct.
D. minus1
E. Negative infinity
+5
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Home » Business » Scenario 2: Suppose that the demand for artichokes (Qa ) is given as: Qa = 200 minus 4P Use the information in Scenario 2. What is the price elasticity of demand if the price of artichokes is $10? A. 0 B. minus4 C. minus0.25 Your answer is correct.