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Explain why elasticity of demand

The demand function for a certain item is x = 35(sqrt(32-p^2))---Evaluate the elasticity at 5. E(5)= I don't know how to find
1. 2 answers
2. asked by Miranda
3. 1,344 views
Briefly explain the types of elasticity of demand? What is the relevance of cross elasticity of demand?
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2. asked by Rajesh
3. 80 views
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. 997 views
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. 570 views
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. 607 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
1. 4 answers
2. asked by pebbles
3. 2,056 views
Agree or disagree with this statements and explain:If the demand for a good has unitary elasticity, or elasticity is -1, it is
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2. asked by Jeff
3. 470 views
The Own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the
1. 1 answer
2. asked by John
3. 692 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. 1,160 views
Determine the price elasticity of demand for a microwave that experienced a 20% drop in price and a 50% increase in weekly
1. 3 answers
2. asked by Kiki
3. 2,881 views