Given the demand function
Qd = 650-5P-P2
where P=10
Find out the price elasticity of demand.

Posted Date: 3/18/2013 6:19:15 AM | Location : USA

Ask an Expert

Related Discussions:- fundamental of economics, Assignment Help, Ask Question on fundamental of economics, Get Answer, Expert's Help, fundamental of economics Discussions

Write discussion on fundamental of economics
Your posts are moderated

Write your message here..

Related Questions

Cournot duopoly model, i) Briefly distinguish between the Cournot duopoly m... i) Briefly distinguish between the Cournot duopoly model and that of Stackelberg.     ii) Suppose the  inverse  market demand curve for  a telecommunications equipment is P = 10

Game theory, Students in the red/black card game had to make individual dea... Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?

ADF max tes, What is the ADF max test? What is the ADF max test?

Firm''s profit function, A  firm manufactures  and  sells  a  product  that... A  firm manufactures  and  sells  a  product  that  has  the  following  demand function:       Q = 180 - 4P   where P  is price, Q  is quantity.  It also  faces  the  following

Game theory, Students in the red/black card game had to make individual dea... Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?

Various functions of money, various functions of money various functions of money

#title.regression., how to regress how to regress

Ramdom variable, let y denote the number of "heads" that occur when two coi... let y denote the number of "heads" that occur when two coins are tossed

Durbin _watson test, give detail example about them? give detail example about them?

Regression, Regression Analysis Regression Analysis