What is the elasticity of demand


Discussion:

Danny "Dimes" Donahue is a neighborhood's 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $1.75 each, he sells 100. At a price of $1.25 each, he sells 300.

Instructions: Round your answer to 1 decimal place.

a. What is the elasticity of demand?

Ive done the problem using the formula and it keeps saying its wrong on Connect. Im not sure if im doing something wrong

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Microeconomics: What is the elasticity of demand
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