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

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.