Ask a New Question
Search
how do you do price elasticity when you have the equation p^3 x^3=9. and x=2
1 answer
p^3*2^3 = 9,
8p^3 = 9,
p^3 = 9/8.
p = crt(9/8) = 1.04.
Similar Questions
4. The equation for a demand curve has been estimated to be Q = 100 – 10P + 0.5Y where Q is quantity, P is price, and Y is
3 answers
1.calculate the price elasticity of demand when the price was increased from R25 to R40 ? (10)
2.is a price increase the correct
6 answers
The demand equation for a product is:
q=60/p + ln(65-p^3) A) Determine the point of elasticity of demand when p=4, and classify
4 answers
The Own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the
1 answer
more similar questions