Question
Copy and paste the following data into Excel: P Q $107.00 8742 $105.93 8779 $104.86 9421 $100.58 9589 $96.30 9840 $93.09 9909 $89.88 10443 $84.53
Copy and paste the following data into Excel:
| P | Q |
| $107.00 | 8742 |
| $105.93 | 8779 |
| $104.86 | 9421 |
| $100.58 | 9589 |
| $96.30 | 9840 |
| $93.09 | 9909 |
| $89.88 | 10443 |
| $84.53 | 10483 |
Using calculus to determine dQ/dP, construct a column which calculates the point-price elasticity for each (P,Q) combination.
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
