Suppose the price elasticity of demand for lager is 2 and the price of lager increases by 15 percent. The quantity demanded will change by _____.
10%
15%
20%
30%
Suppose the price elasticity of demand for lager is 2 and the price of lager increases by 15 percent. The quantity demanded will change by _____.
10%
15%
20%
30%