Business, 15.02.2020 03:19, Schoolworkspace453

Q= 17-2P+3P/S where P is the price of the product and Upper P Subscript Upper S is the price of a substitute good. The price of the substitute good is $2.40. Suppose P=$0.60. The price elasticity of demand is

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Q= 17-2P+3P/S where P is the price of the product and Upper P Subscript Upper S is the price of a su...