points on demand curve price(per once) Quantity demanded c $0.40 4 d $0.35 6 h $0.15 20 i $0.10 25 (a) compute the price elasticity between C to point D and point H to point I C to D= H to I= (b) compute the total revenue at point C,point D,point H, and point I Point C= Point D= Point H= Point I=
points on demand curve price(per once) Quantity demanded c $0.40 4 d $0.35 6 h $0.15 20 i $0.10 25 (a) compute the price elasticity between C to point D and point H to point I C to D= H to I= (b) compute the total revenue at point C,point D,point H, and point I Point C= Point D= Point H= Point I=
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
points on
c $0.40 4
d $0.35 6
h $0.15 20
i $0.10 25
(a) compute the price elasticity between C to point D and point H to point I
C to D=
H to I=
(b) compute the total revenue at point C,point D,point H, and point I
Point C=
Point D=
Point H=
Point I=
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