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Mont clair ECON 102 – Calculate the price elasticity

Submitted by • January 17, 2019

Question
1. Calculate the price elasticity coefficient of demand when the initial point on the demand curve is Q=10 units and P = 200 cents and the final point is Q=30 units and P=100 cents.

2. Do you get the same value for Ed as when the initial point is Q=10 and P=2 dollars and the final point is Q=30 units and P=1 dollar?

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Voted by Admiiin

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