3- Find the elasticities for different prices along the demand curve Q = 100 - 2(P), first when %3D i- (B) P=25, so Q= 50 (C) P-10, so Q= 80 ? (A) P-40, so Q= 20 Graph the demand function indicating where demand is elastic, unit elastic and inelastic? ii-

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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3- Find the elasticities for different prices along the demand curve Q = 100 -
2(P), first when
i-
(A) P=40, so Q= 20
Graph the demand function indicating where demand is elastic, unit elastic
and inelastic?
(B) P-25, so Q= 50 (C) P=10, so Q= 80 ?
ii-
Transcribed Image Text:3- Find the elasticities for different prices along the demand curve Q = 100 - 2(P), first when i- (A) P=40, so Q= 20 Graph the demand function indicating where demand is elastic, unit elastic and inelastic? (B) P-25, so Q= 50 (C) P=10, so Q= 80 ? ii-
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