ralucacoriciuc3949 ralucacoriciuc3949
  • 18-01-2018
  • Business
contestada

Suppose demand is given by q = 80 - 0.5p. what is the price elasticity of demand when p = 40?

Respuesta :

W0lf93
W0lf93 W0lf93
  • 30-01-2018
I believe the answer to this question is: the price elasticity of demand is 60. q = 80 - 0.5(40) is the equation I used. Half of 40 is 20, and 80 minus 20 is 60.
Answer Link

Otras preguntas

Solve Equation Q / 5/9 = 1/6
How to find the coefficient of kinetic friction?
This freedom allows the newspapers and television broadcast to criticize the government. Freedom and liberty to all. Freedom to petition. Freedom of the press.
what are two values for √81
what are 25 equations using integers that equal 36?
give an example of a problem that could be solved using the expression 9.5 x (8 + 12.5).solve your problem.
hich did not contribute to New York City's terrible pollution problems in the late 1800s? A. pneumatic subway B. horse and pig manure C. oil refineries D. insuf
Input in standard form the equation of the given line. The line that passes through (-2, 4) and is parallel to x - 2y = 6
The Boston Massacre was an unplanned attack on the colonists by the British soldiers. A.True B.False
I don't get # 2 please help and fast