If the price of ice cream increases from $8 to $10 a gallon, quantity demanded of frozen yogurt increases from 120 to 138 gallons, ceteris paribus. As a result, the percentage change in the quantity demanded of frozen yogurt is O 0.1395 % -0.1395 -13.95% 13.95 %

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A: ∆Q= 20 ∆P=$0.40 Q=90 P=$1.20

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Q: e price of ice cream inereases from $8 to $10 a gallon, quantity demanded of frozen yogurt increases…

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Q: elasticity of demand

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