The demand for good X has been estimated by Q x d = 12 3P x +

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The demand for good X has been estimated by Q_x^d= 12 3P_x+ 4P_y. Suppose that good X sells at $2 per unit and good Y sells for $1 per unit. Calculate the own price elasticity.

Posted Date: Jun 25, 2024 05:04 PM

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The demand for good X has been estimated by Q x d = 12 3P x +

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