The demand function of a good is Q = 100 – 2p. What is the elasticity...

Question

Question

The demand function of a good is Q = 100 – 2p. What is the elasticity at the point p=10 and Q=800?

business economics

Answer 1

Answer #1

Puye No Date hion dp go goo

Answer 2

Answer #2

Elasticity of demand=-p/q×dq/dp. (d/dp of 100-2p=-2) - P/100-2p×-2...we have p is 25 at MR=o so 50/50=1

source: Textbook

answered by: anonymous

Answer 3

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