Posted by **Dave** on Wednesday, January 23, 2008 at 11:59pm.

If you are given this function: P=1000-40Q where P=price and Q=sales.....

How do you get the price elasticity of demand at a price that is $500?

At what price, if any is the price elasticity of demand equal to one?

## Answer this Question

## Related Questions

- economics - suppose the demand curve for a product is given by Q=10-2P+Ps1,where...
- Economics - 3. Suppose a firm has a constant marginal cost of $10. The current ...
- ECON - The demand curve for haircuts at Terry’s Hair Design is P=20-0.20Q Where ...
- managerial - The demand curve for haircuts at Terry Bernard's Hair Design is P=...
- economics - ) The demand curve for haircuts at Terry barnyards Hair Design is P=...
- managerial economics - Robert E. Lee Grade School is contemplating a chocolate ...
- managerial economics - Exercise 1 The marketing manager has estimated the ...
- Economics - Very confused on how to figure these out. Suppose that the following...
- calc - I have everything right but the last question asking how many cases per ...
- brief calculus - I have everything right but the last question asking how many ...

More Related Questions