azucenawee553 azucenawee553
  • 19-12-2022
  • Business
contestada

Suppose that the total revenue received by a company selling basketballs is $840 when the price is set at $30 per basketball and $840 when the price is set at $20 per basketball. Without using the midpoint formula, identify whether demand is elastic, inelastic, or unit-elastic over this price range. Demand is?

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