Post a New Question

Stats

posted by .

Problem 29.
Demand for cookies (Q) is given as follows:

Q = 180/Pc + I/Pd + 3

Pc = price of cookies
I = income
Pd = price of donuts

Note: Q=28, Pc=10, Pd=7

Given the above information what is the price elasticity of demand at Q=28?

Answer This Question

First Name
School Subject
Your Answer

Related Questions

More Related Questions

Post a New Question