managerial economics
posted by mark .
Price 1 is 50, price 2 is 38.78.
Quantity 1 is 100, quantity 2 is 169.
solve the price elasticity of demand.
what if our goal is to decrease price by 14%
what if our goal is to raise quantity from 169 to 300 by how much percentage we should decrease price? 2=%Q/P
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