Ask a New Question

What is demand elasticity in

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. 1,004 views
Suppose a demand function is given by Q=10P^-0.5Y^0.75. Calculate the price elasticity of demand and income elasticity of
1. 0 answers
2. asked by Pialess
3. 615 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. 2,064 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. 704 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.
1. 1 answer
2. asked by sophea
3. 1,171 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. 2,891 views
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. 1,361 views
I need assistance with the following question:A researcher estimated that the price elasticity of demand for automobiles in the
1. 0 answers
2. asked by Talia
3. 869 views
Briefly explain the types of elasticity of demand? What is the relevance of cross elasticity of demand?
1. 1 answer
2. asked by Rajesh
3. 88 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
1. 3 answers
2. asked by Andrew
3. 840 views