Question
You have estimated that the price of an ounce of unobtanium is P(Q)=99 - 6/10 Q , where Q is the number of tons demanded.If
You have estimated that the price of an ounce of unobtanium isP(Q)=99 - 6/10 Q, where Q is the number of tons demanded.If the current price is $45 per ounce, what is elasticity of demand?
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
