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What is the elasticity of
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
2 answers
asked by
Miranda
1,318 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
668 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
985 views
The %increase in price= (7-5)/5x100= 40%
The %decrease in quantity=(25-15)/25 x 100= 40% Elasticity=40/40=1,unit elasticity.
0 answers
asked by
nikki
454 views
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
70 views
If the demand for a good has unitary elasticity, or elasticity is −1, it is always true that an increase in its price will
0 answers
asked by
mimi
634 views
Equation: Suppose that the demand of a certain item is x = -0.7 p + 20.
Evaluate the elasticity at E = 8. I'm not sure what steps
0 answers
asked by
James
905 views
Which of the following would likely be utilized when calculating economic profit?
Total revenue Implicit costs Elasticity of
1 answer
asked by
Dontillia
15 views
Elasticity
a) Find the elasticity of the demand function q + 2p = 5000 when p = $1000, and q = 3000. b) How would revenue be
1 answer
asked by
Robert
726 views
Three different weights are suspended from three different springs. Each spring has an elasticity coefficient of 18.5. The
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asked by
Matt
477 views