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thought for part (a) the Q will equal to 166. and for part (b) isnt the price elasticity equal to -2.04

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 8SQP: Charles loves Mello Yello and will spend 10 per week on the product no matter what the price. What...

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I thought for part (a) the Q will equal to 166.

and for part (b) isnt the price elasticity equal to -2.04

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