Katherine advertises to sell cookies for 4 a dozen she, Business Economics

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Katherine advertises to sell cookies for 4 a dozen she

Katherine advertises to sell cookies for $4 a dozen. She sells 50 dozen, and decides that she can charge more. She raises the price to $6 a dozen and sells 40 dozen. What is the elasticity of demand? Assuming that the elasticity of demand is constant, how many would she sell if the price were $10 a box?

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Business Economics: Katherine advertises to sell cookies for 4 a dozen she

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Business Economics: Katherine advertises to sell cookies for 4 a dozen she

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