When the Blue Ocean Surfboard Company lowered the price of surfboards by 20%,it sold 10% more surfboards.The price elasticity coefficient for surfboards is:
A) 2.
B) 1/2.
C) 1.
D) 20.

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The Answer of When the Blue Ocean Surfboard Company lowered the price of surfboards by 20%,it sold 10% more surfboards.The price elasticity coefficient for surfboards is:
A) 2.
B) 1/2.
C) 1.
D) 20.

When the Blue Ocean Surfboard Company Lowered the Price of Surfboards