Answer:
The price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price.
-6
Step-by-step explanation:
4.8(x)+1.2(y)=2.4
9.6 + 1.2y = 2.4
subtract 9.6 from both sides
1.2y = - 7.2
divide by 1.2 on both sides
y = -6
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4 years
The answer is 5606680380