Suppose a firms demand curve is given by p 50 - 025q what
Suppose a firm's demand curve is given by P = 50 - 0.25Q. What is the price elasticity (value of) of demand for the demand curve when the price is $10. Is that demand elastic or inelastic and why?
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suppose a firms demand curve is given by p 50 - 025q what is the price elasticity value of of demand for the demand
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