The quantity of pencils s

The quantity of pencils s

The quantity of pencils sold is 1000 at the unit price $0.5. Suppose the price elasticity of demand for pencils by the initial value method is 2, and you would like to increase the quantity sold to 1200. Then the new price for pencils must beShow the answer and how to solve it in order to give you good rate ,,I know the answer but I would like to know the best method to solve qustion like thisthank you

%d bloggers like this: