Monday

July 28, 2014

July 28, 2014

Posted by **John** on Saturday, August 23, 2008 at 11:21am.

Thank you

- Managerial Economics -
**drwls**, Saturday, August 23, 2008 at 11:42amBegin by defining elasticity in mathematical terms of some derivative. Then recognize that what you call "1n" is probably the natural log "ln".

The definition of price elasticity of demand is -d(lnQ)/d(lnP). Q represents demand

You have not defined M, Px and Py. I'm afraid that's as far as I can go with your question.

- Managerial Economics -
**Angel**, Saturday, August 23, 2008 at 11:47amI would like to make a arc elasticity chart. We have a team project and would like to add in a arc elasticity demand to the paper.

**Related Questions**

Managerial Economics/Math - This is an MBA-level Managerial Economics Course. I'...

managerial economics - Explain the relationship between product X, product Y and...

Managerial Economics - 8. Calculate the price elasticity demand, given Q1=500 , ...

Economics - How is elasticity of supply related to elasticity of demand? Is this...

Economics - The Own price elasticity of demand for good X is -2, its income ...

economics - suppose the demand curve for a product is given by Q=10-2P+Ps1,where...

managerial economics - 1. Calculate the demand elasticity of demand ( by using ...

managerial economics - 4. The equation for a demand curve has been estimated to ...

Managerial Economics/Math - I wanted to post this as a new question to make sure...

Managerial Economics/Math - This is an MBA-level Managerial Economics course. I ...