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DBA112_AUG2019 MICROECONOMICS BBA 112: MICROECONOMICS TEST FOR DL STUDENTS Instructions: Do all Questions a) Given the following linear demand function as: Qd = 2800- 18p

DBA112_AUG2019 MICROECONOMICS BBA 112: MICROECONOMICS TEST FOR DL STUDENTS Instructions: Do all Questions a) Given the following linear demand function as: Qd = 2800- 18p Determine; i) The Price Elasticity of demand at price (p)=120 (4 marks)

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