Tenth Assignment 1. Calculate three different elasticities at three different points on the demand curve P = 6 - Q P1 = 4, P2 =
Tenth Assignment 1. Calculate three different elasticities at three different points on the demand curve P = 6 - Q P1 = 4, P2 = 3, P3 = 1 2. Utilize the utility table we used today in class. Find the optimal bundle if the price of coffee changes from $4 to $3 (PC = 3) while the price of a Tea (PT ) remains the same at $2 and money (M) remains unchanged at $24
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