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The price elasticity of betelnut
The price elasticity of betelnut is inelastic. Its respective elasticity measure therfore is?
A. EP>1 B. EP=0 C. EP=INFINITY D.
11 answers
asked by
Raven
78 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
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
693 views
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
0 answers
asked by
Jami
522 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
0 answers
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
0 answers
asked by
Guest
646 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
Information on the price elasticity of demand is particularly importatn to managerial decision making because:
A) the higher the
1 answer
asked by
Kathy
690 views