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Mathematics, 15.12.2021 15:20, reeeg38
When the price is 0 the quantity demanded is 500, and when the price changes by 10 the quantity would change in 100 units. Then what’s the unit price elasticity when the price is 20
a. -1.5
b. -0.5
c. +0.25
d. 5
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Answers: 2
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If 2(a^2+b^2)=(a+b)^2 then, > a+b=0, > ab=0, > a=b, > 2a=b
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When the price is 0 the quantity demanded is 500, and when the price changes by 10 the quantity woul...
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