Analyze what is the price elasticity of demand


Problem

Your demand function for potatoes, in pounds, is given by ln D(p)=1000-p+lnm

What is the price elasticity of demand and income elasticity of demand?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Analyze what is the price elasticity of demand
Reference No:- TGS02947988

Expected delivery within 24 Hours