Ask a New Question

The elasticity of demand with respect to price for a commodity is constant and is equal to 2. Find the total revenue function, given that when the price is 1,the denand is 4

Ask a New Question or answer this question.

Similar Questions

If the quantity demanded of a commodity remain unchanged as its price changes, the price elasticity of demand is what:1. Greater
1. 1 answer
1.calculate the price elasticity of demand when the price was increased from R25 to R40 ? (10)2.is a price increase the correct
1. 6 answers
Suppose that the price of a commodity is 5birr and the quantity demanded at the price 100 unit of the commodity fall to 4birr
1. 1 answer
If you are given this function: P=1000-40Q where P=price and Q=sales.....How do you get the price elasticity of demand at a
1. 0 answers

more similar questions