The demand for good x has been estimated to be qx10 - 05px
The demand for good X has been estimated to be Qx=10 - 0.5Px +4Py. Suppose that good X sells at $4 per unit and good Y sells at $2 per unit. Calculate the own price elasticity.
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suppose that the inverse demand equation isp 100minus2q and the supply equation isp 2qif the price is controlled at
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suppose the demand for good x is given by qdx 20 - 6px py m the price of good x us 5 the price of good y is 8 and
the demand for good x has been estimated to be qx10 - 05px 4py suppose that good x sells at 4 per unit and good y sells
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many firms price discriminate across customers by offering differentiated products eg premium and plain-wrap for
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