Question
q=840-20p calculate the price of elasticity of demand when the price is $30 per unit? What percent does the demand change per 1% increase in
q=840-20p
calculate the price of elasticity of demand when the price is $30 per unit?
What percent does the demand change per 1% increase in unit price? I don't understand how you know demand is decreasing or increasing.
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A Topological Picturebook
Authors: George K Francis
1st Edition
0387345426, 978-0387345420
