Suppose the price of a bus ticket rises from $2.75 to $3.75 and the number of tickets sold falls from 10 000 to 8500,the price elasticity of demand is: :
A)0.527.
B)1.
C)-0.527.
D)-1.

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The Answer of Suppose the price of a bus ticket rises from $2.75 to $3.75 and the number of tickets sold falls from 10 000 to 8500,the price elasticity of demand is: :
A)0.527.
B)1.
C)-0.527.
D)-1.

Suppose the Price of a Bus Ticket Rises from $2