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upstairsatomLv1
8 Mar 2021
Using the following demand function
Qd (P)=20,000e^(-P)
1. Calculate the point price elasticity of demand at P = 10.
2. Does demand follow the law of demand at this price?
Using the following demand function
Qd (P)=20,000e^(-P)
1. Calculate the point price elasticity of demand at P = 10.
2. Does demand follow the law of demand at this price?
mahimaajith0204Lv10
24 Sep 2023
2 Jun 2021
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