fundamental of economics, Econometrics

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







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
Related Questions
Discuss the descriptive statistics of total government expenditures and per capita government expenditures. Plot their histograms and comment.

You have collected data for 104 countries to address the difficult questions of the determinants for differences in the standard of living among the countries of the world. You rec

Suppose you have a model of capital investment by a U.S. rm. Imagine that yt, x1t and x2t are annual measures of investment, lagged pro t, and lagged capital stock, all in real do

Gruen&Pagan(1999) "The Phillisp Curve in Australia" identified that NAIRU is non-constant over the period. Provide an econometrics evaluation of the claim that NAIRU is non constan

QM2 Econometric Project As part of the course requirements you have to undertake an econometric evaluation of an economic issue using data that you have gathered either from the ho

Which of the following is an example of derived demand?

For a multiple regression with three explanatory variables the value of R 2 is 0.75. Indicate whether every of the following statements is true or false and give brief reasons fo

exceptional supply

Assume the following table gives the joint PDF (probability distribution function, not Adobe document!!) of two discrete variables, x and Y.                                  Vari

In a simple economy, people consume only 2 goods, food and clothing. The market basket of goods used to compute the CPI has 50 units of food and 10 units of clothing.