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1. Calculate the demand elasticity

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
2. asked by Setumbo
3. 1,077 views
Suppose you decide to produce a product and you discover it has a demand function given by;Q = 10P^-0.5Y^0.75 (I) calculate the
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2. asked by Andrew
3. 884 views
Suppose you decide to produce a product and you discover it has a demand function given by; Q = 10P^-0.5Y^0.75 (I) calculate the
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2. asked by Rey
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Suppose a demand function is given by Q=10P^-0.5Y^0.75. Calculate the price elasticity of demand and income elasticity of
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2. asked by Pialess
3. 664 views
Using the data under D1 and D2, calculate the cross elasticity of Lorena’s demand for golf at all three prices. (To do this,
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2. asked by Anonymous
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d. Use the midpoint method to calculate the price elasticity of demand from $25 to $30. Explain whether demand is price elastic
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2. asked by Fidelis
3. 618 views
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
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2. asked by pebbles
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The Own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the
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2. asked by John
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1. Calculate the demand elasticity of demand ( by using at least two methods) given the following information:P1 = 10 Q1=100 P2
1. 1 answer
2. asked by Mishal Almandhour
3. 437 views
Mr. Smith has the following demand equation for a certain product: Q = 30 - 2P.a. At price of $7, what is point elasticity? b.
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2. asked by sophea
3. 1,222 views