Tourist Have An Elasticity Of Demand For A Trip To Bahamas Of 3 How Much Should (1)

Tourist have an elasticity of demand for a trip to Bahamas of -3. How much should an airline charge them for a ticket if the price it charges the general public is $360? Assume the general public has an elasticity of 2.

Tourist have an elasticity of demand for a trip to Bahamas of -3. How much shouldan airline charge them for a ticket if the price it charges the general public is $360?Assume the general public…

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