The price elasticity of demand for Stork iceminus−cream is minus− 4. Suppose you're told that following a price increase, quantity demanded fell by 10 percent. What was the percentage change in price that brought this about? A. 0.4 percent. B. 25 percent. C. 40 percent. D. 2.5 percent.

24 years, i believe is the correct answer.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; whoever is willing and able to pay the price;