how to calculate price elasticity

  1. 1.calculate the price elasticity of demand when the price was increased from R25 to R40 ? (10)2.is a price increase the correct
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    2. Setumbo asked by Setumbo
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  2. 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. Fidelis asked by Fidelis
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  3. Show price elasticity of demand for Company XYZ’s product.Using the following data: Price Quantity 2000 5.00 100 2001 5.25 115
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    2. Yellow Bird asked by Yellow Bird
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  4. Suppose the price of apples rises from $3.50 a pound to $4.00 and your consumption of apples drops from 30 pounds of apples a
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    2. jward1970 asked by jward1970
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  5. Suppose the price of apples rises from $3.50 a pound to $4.00 and your consumption of apples drops from 30 pounds of apples a
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    2. Anonymous asked by Anonymous
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  6. A company decided to increase its supply from 300kg to 350kg per day due to government intervention. The government intervention
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    2. Raven asked by Raven
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  7. Suppose the price of widgets falls from $7 to $5 and consumption of widgets rises from 15 widgets a month to 25 widgets.
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    2. steve asked by steve
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  8. Suppose the price of widgets rises from $7 to $9 and consumption of widgets falls from 25 widgets a month to 15 widgets.
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    2. Andy asked by Andy
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  9. The Own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the
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    2. John asked by John
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  10. 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
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    2. Andrew asked by Andrew
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