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I have 2 equilibrium points: Equilibrium 2018: Q=6657, P=720, Equilibrium 2019: Q=7233, P=860. The data here shows me that it doesn't follow the Law of
I have 2 equilibrium points: Equilibrium 2018: Q=6657, P=720, Equilibrium 2019: Q=7233, P=860. The data here shows me that it doesn't follow the Law of Demand, it looks like the demand curve was shifted. so how can I compute the price elasticity of demand? And pls explain this case
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