Posted by
**Anonymous** on
.

Demand function is

Q=P^(-1.5)I^(0.3)

where P is price, and I is income

If the goal is to keep Q constant, how much must income change if there is a 2% increase in price.

Monday

March 27, 2017
Posted by
**Anonymous** on
.

Demand function is

Q=P^(-1.5)I^(0.3)

where P is price, and I is income

If the goal is to keep Q constant, how much must income change if there is a 2% increase in price.

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