A tour company charges 100 round trip to travel from los


A tour company charges $100 round trip to travel from Los Angeles to Las Vegas on a luxury motor coach. At that price they sell 500 tickets. We know that the price elasticity for motor coach travel is -1.8%. Estimate the linear demand curve for this activity. How many tickets would you expect to sell at a price of $80?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: A tour company charges 100 round trip to travel from los
Reference No:- TGS01290384

Expected delivery within 24 Hours