Suppose a university raises its tuition from $3,000 to $3,500. As a result, student enrollment falls from 5,000 to 4,500. Calculate the price elasticity of demand. Is demand elastic, unitary elastic, or inelastic?
Use code EL20 to get 20% OFF on your first order!
- researchhelpinc@outlook.com
+1 862 207 3288