What types of things might impact price elasticity?

At price of 20 per unit, the quantity demanded of a commodity is 300 units. If price falls by 10%, it's quantity demanded rises by 60 units. Calculate its price elasticity.

Alice loves Pepsi and will spend 10 per week on the product no matter the price. What is her price elasticity of demand?

Which of the following goods would you expect to have the lowest price elasticity of demand? Diamonds Yachts Rice Vacation Homes

Netflix raises the price of its service from $11 per month to $14 per month. This causes the number of people subscribing to HCCCtinder – a school-specific dating app – to rise from 2,200 to 2,500. What is the cross-price elasticity of demand? Based upon your answer, are Netflix and HCCCtinder substitutes or compliments?

According to what you've learned about the price elasticity of demand, do you think that education in community colleges has an elastic or inelastic demand? Why? Explain your answer

what would a 10% increase in the price of movie tickets mean for the quantity of demanded of a movie theater the price of elasticity was the man of 0.1?

List and explain some of the determinants of the price elasticity of demand.

Which of the following could be the price elasticity of demand for a good for which an increase in price would increase revenue?

The price of DVDs falls from an average of $22 to $16. As a result sales increase from 50,000 units per year to 85,000 units. What's the price of elasticity