-If the price of Digestive Fire herbal tablets increases from $35 to $45 a bottle and,as a result,the seller's total revenue increases from $77,000 to $94,500 per month,what is the elasticity of demand?
A)0.08.
B)0.19.
C)0.82.
D)1.26.
E)2.14.

Question

-If the price of Digestive Fire herbal tablets increases from $35 to $45 a bottle and,as a result,the seller's total revenue increases from $77,000 to $94,500 per month,what is the elasticity of demand?
A)0.08. 
B)0.19. 
C)0.82. 
D)1.26. 
E)2.14.

Quizplus · Accepted Answer

The Answer of 
-If the price of Digestive Fire herbal tablets increases from $35 to $45 a bottle and,as a result,the seller's total revenue increases from $77,000 to $94,500 per month,what is the elasticity of demand?
A)0.08. 
B)0.19. 
C)0.82. 
D)1.26. 
E)2.14.

-If the Price of Digestive Fire Herbal Tablets Increases from $35