If the price elasticity of demand for pineapples is 0.75, then a 4% increase in the price of pineapples will lead to a:

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If the price elasticity of demand for pineapples is 0.75, then a 4% increase in the price of pineapples will lead to a:

A.3% increase in the quantity of pineapples demanded.

B.0.75% decrease in the quantity of pineapples demanded.

C.3% decrease in the quantity of pineapples demanded.

D.0.75% increase in the quantity of pineapples demanded.

正确答案:3% decrease in the quantity of pineapples demanded.

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