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Answer this babababa abababanana a ity formula to calculate the percentage increase in the price of oil. The arc advertising elasticity is 1.5 as advertising

Answer this babababa abababanana a
ity formula to calculate the percentage increase in the price of oil. The arc advertising elasticity is 1.5 as advertising expenditure increases from R to Rs. 12 lakhs. If demand is 50 at an advertising expenditure of Rs. 12 lakhs, wh mand be at an advertising expenditure of Rs. 10 lakhs? The demand equation is estimated to be 50 - 3P + 2P , where P. is the price

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