question 1 10 points consider the following demand curves where p is price in dollars and q is quantity in units a q 200 p b q 200 0 5p calculate the own price elasticity of demand at a price of 20 for each of the demand cu
Question 1 . [10 points] Consider the following demand curves (where P is price in dollars and Q is quantity in units): (A) Q = 200 – P (B) Q = 200 – 0.5P Calculate the own price elasticity of demand, at a price of $20, for each of the demand curves. Question 2 . […]
