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The price of lemon-lime soda is $3.25. When the quantity of lemon-lime soda changes from 12
to 11 , the price remains $3.25. What is the percentage change in the price of lemon-lime soda?
What is the percentage change in the quantity of lemon-lime soda? In this example, is lemon-
lime soda perfectly elastic or perfectly inelastic? Perfectly Elastic Perfectly Inelastic

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The price of lemon-lime soda is $3.25. When the quantity of lemon-lim.pdf

  • 1. The price of lemon-lime soda is $3.25. When the quantity of lemon-lime soda changes from 12 to 11 , the price remains $3.25. What is the percentage change in the price of lemon-lime soda? What is the percentage change in the quantity of lemon-lime soda? In this example, is lemon- lime soda perfectly elastic or perfectly inelastic? Perfectly Elastic Perfectly Inelastic