marieegarrettt9800 marieegarrettt9800 20-11-2019 Business contestada If a firm reduces the price of its product from $6 to $4 and the quantity demanded of the product increases from 45,000 to 55,000 units per week, then the arc price of elasticity is equal to A. –10. B. –0.5. C. 0. D. –1.
