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at the point where p= 6 and Q=20. The elasticity of demand is e = - 1.2 . (Enter your response rounded to one decimal place and include a minus sign.) Calculate the elasticity of demand, if the demand function is Q= 4p -1.25 The elasticity of demand is ɛ = (Enter your response rounded to one decimal place and include a minus sign.)

at the point where p= 6 and Q=20. The elasticity of demand is e = - 1.2 . (Enter your response rounded to one decimal place and include a minus sign.) Calculate the elasticity of demand, if the demand function is Q= 4p -1.25 The elasticity of demand is ɛ = (Enter your response rounded to one decimal place and include a minus sign.)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Calculate the elasticity of demand, if the demand function is Q = 100 – 4p + 20Y, at the point where p = 6 andQ= 20. The elasticity of demand is ɛ = -1.2. (Enter your response rounded to one decimal place and include a minus sign.) Calculate the elasticity of demand, if the demand function is - 1.25 Q = 4p The elasticity of demand is ɛ = (Enter your response rounded to one decimal place and include a minus sign.) OCT étv MacBook Air DII DD 80 F9 F10 F11 F1 F5 F6 F7 F8 F2 F3 F4 & * :会
Transcribed Image Text:Calculate the elasticity of demand, if the demand function is Q = 100 – 4p + 20Y, at the point where p = 6 andQ= 20. The elasticity of demand is ɛ = -1.2. (Enter your response rounded to one decimal place and include a minus sign.) Calculate the elasticity of demand, if the demand function is - 1.25 Q = 4p The elasticity of demand is ɛ = (Enter your response rounded to one decimal place and include a minus sign.) OCT étv MacBook Air DII DD 80 F9 F10 F11 F1 F5 F6 F7 F8 F2 F3 F4 & * :会
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