SOLUTION: a Berger price is increase 3rupee to 4 rupe it's demand is decrease by 1200 to 800 find elasticity of demand
Algebra.Com
Question 1107470: a Berger price is increase 3rupee to 4 rupe it's demand is decrease by 1200 to 800 find elasticity of demand
Answer by ikleyn(52898) (Show Source): You can put this solution on YOUR website!
.
Open your textbook.
Find the formula for the elasticity of demand.
Substitute your data.
Then calculate.
Then close your textbook.
RELATED QUESTIONS
4. Given a 15% increase in a good's price and a 25% decrease in quanitity demanded for... (answered by lostin)
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price... (answered by sonal)
The demand plan for hotel rooms is as follows: Price (dollars per night) Quantity... (answered by MathLover1,ikleyn)
A local coffee shop charges €2.50 for an espresso. The owner of the coffee shop wants... (answered by ikleyn)
𝐏𝐫𝐨𝐛𝐥𝐞𝐦 𝟐
(a) The sales of a book publication are... (answered by ikleyn)
if the demand function of a commodity is P=70-0.5Q
Where P and Q are price and... (answered by solver91311)
Supply and Demand. The supply and demand for the sale of stereos by Sound Ideas are given (answered by stanbon)
Supply and Demand. The supply and demand for the sale of stereos by Sound Ideas are given (answered by CharlesG2)
An ice cream company finds that at a price of $4.00 demand is 4200 units. For every $0.40 (answered by richwmiller,josgarithmetic)