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sahara demand and supply curve for no.2 pencils are Qd=100-20p and QS = 10+ 40P RESPECTIVELY.GIVEN NO.2 PENCILS IS $ 1.50 a) calaculate the price
sahara demand and supply curve for no.2 pencils are Qd=100-20p and QS = 10+ 40P RESPECTIVELY.GIVEN NO.2 PENCILS IS $ 1.50
a) calaculate the price elastic of demand and the price elasticity of supply when price increase $ 2.00
b) determine Sahara income elasticity of demand if an increase in her income from 10,000 to 11,500) double her demand for No.2 pencils.
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