If the demand curve for a new brand of golf balls has the following two points on it, p1 = $15, q1 = 1,200 and p2 = $25, q2 = 800, which of the following statements is correct?
l) the price elasticity of demand is .8
ll) the price elasticity of demand is 2.0
lll) the price elasticity of demand is -1.5
lv) the demand is inelastic
v) the demand is elastic
a) only iii and iv are correct.
b) only ii and v are correct.
c) only ii is correct.
d) only iii and v are correct.
e) only i and iv are correct.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answerobservation;