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count equation demand function

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Question

Px 10 20 30 40 50;Qx 100 80 50 40 30;a. count equation demand function;b. calculate the elasticity using the arc and point elasticity;c. if the price rose 10%, how the influence of elasticity;d. described in the chart

 

Paper#31508 | Written in 18-Jul-2015

Price : $22
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