What is the price elasticity at the average values of p


the demand equation is estimated to be 50 3P + 2Po , where Po is the price of some other good. Assune the average value of P is $ 3 and the average value of Po is $ 6. a. what is the price elasticity at the average values of P and Po?

 

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Basic Statistics: What is the price elasticity at the average values of p
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