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The demand function for Product X is given by:
Qdx = 80- 2Px- 0.05P²x -0.2Py + 4Pz + 0.01I+ 2A
Price of good X
Price of related good y
Price of related good z
a. (i) Calculate the own Price elasticity of demand (PED) for Good X.ion..
Posted Date: 11/9/2012 8:19:50 AM | Location : Trinidad and Tobago
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