Consider a market in which the elasticity of demand is -4, Microeconomics

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Consider a market in which the elasticity of demand is -4

Consider a market in which the elasticity of demand is -4, the elasticity of supply is 2, the initial price is $50 and the initial quantity is 1000 units. After an increase in the wage paid by producers, the new equilibrium price is $55. What is the new equilibrium quantity?

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Microeconomics: Consider a market in which the elasticity of demand is -4

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Microeconomics: Consider a market in which the elasticity of demand is -4

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