Ow can a manager use the price elasticity of demand in making decisions?
1. For this assignment, please complete the assigned readings for this unit.
2. In a Microsoft Word document, on one page, please respond to the following short-answer questions:
A. How can a manager use the price elasticity of demand in making decisions?
B. If the price of jeans rises and the quantity sold goes up, does this mean that the demand curve slopes upward? Why or why not?
3. Your responses should be written in APA style with appropriate references and bibliography.