# Calculate the elasticity

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Suppose the price of apples rises from $3 to $3.50 and your consumption of apples drops from 35 pounds of apples a month to 20 pounds of of apples. Calculate your price elasticity of demand of apples. what can you say about your price elasticity of demand of apples? Is it elastic, inelastic, or unitary Elastic? Be sure to show work you used and support your answer.

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Suppose the price of apples rises from $3 to $3.50 and your consumption of apples drops from 35 pounds of apples a month to 20 pounds of of apples. Calculate your price elasticity of demand of apples. what can you say about your price elasticity of demand of apples? Is it elastic, inelastic, or unitary Elastic? Be sure to ...

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