Sunday
April 20, 2014

Homework Help: managerial economics

Posted by Mishal Almandhour on Thursday, July 1, 2010 at 3:23pm.

1. Calculate the demand elasticity of demand ( by using at least two methods) given the following information:
P1 = 10 Q1=100
P2 = 15 Q2 = 20
Is the product elastic or inelastic?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Managerial Economics - 8. Calculate the price elasticity demand, given Q1=500 , ...
Economics - A two product monopolist faces the demand and cost functions as ...
Microeconomics-Algebra Calculation - Consider public policy aimed at smoking. ...
Managerial economics - Suppose Nick produces to goods @ cost C(q1,q2)=1000=.5q1^...
economics - Suppose there are two goods. The demand for good 1 is q1=a-bp1+ep2 ...
Mangerial Economics - Consider a Cournot duopoly with the following inverse ...
Managerial economics - Posted by Patrick on Saturday, September 22, 2007 at 5:...
college economics - Suppose there are two goods. The demand for good 1 is q1=a-...
Microecon - Using the midpoints approach to the cross elasticity of demand-...
university-health economics - Given the following demand function for medical ...

Search
Members