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The short-run price elasticity of
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
asked by
Setumbo
997 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 answer
asked by
John
692 views
Choose the statement that correctly describes elasticity of supply for firms over the short run or long run.
Elasticity of Supply
1 answer
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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
0 answers
asked by
Fidelis
570 views
Is price increase the correct decision to raise revenue?substainate ur answer using price elasticity of demand and income
1 answer
asked by
Lerato
709 views
I know this might be basic.....but I am still not sure about subject of elasticity? How do I know the effect, if no price or
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asked by
Jami
520 views
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
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asked by
Dave
564 views
I am to do research on an industry and answer the question is price elasticity of demand considered elastic or inelastic? Are
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asked by
Guest
644 views
Determine the price elasticity of demand for a microwave that experienced a 20% drop in price and a 50% increase in weekly
3 answers
asked by
Kiki
2,881 views
Suppose the price elasticity of demand for heating oil is 0.2 in the short run and 0.7 in the long run.
c. If the price of
5 answers
asked by
Jon
3,429 views