10 questions
Water has seen an increase in demand 8% this summer, while the price has decreased 12%
1.5 inelastic
1.5 elastic
.67 inelastic
.67 elastic
Wheat has seen a decrease in demand of 5%, while the price has increased 7%
1.4 inelastic
1.4 elastic
.71 inelastic
.71 elastic
Oil has seen a decrease in demand of 9%, while the price has increased 13%
1.44 inelastic
1.44 elastic
.69 inelastic
.69 elastic
Prada has seen a increase in demand of 70%, while the price has decreased 35%
.5 inelastic
.5 elastic
2 inelastic
2 elastic
Red Wing Shoes has seen a decrease in demand of 40%, while the price has increased 20%
.5 inelastic
.5 elastic
2 inelastic
2 elastic