If you're seeing this message, it means we're having trouble loading external resources on our website.

If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked.

Main content

Price Elasticity of Demand and its Determinants


When the price of spicy sauce was $10, people bought 100 jars. When the price increased to $12, people only bought 40 jars.
What is the price elasticity of demand for spicy sauce?
Choose 1 answer: