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Given the following demand equation P = 420 - .3Qd, calculate the price elasticity of demand at a price of $60. Now suppose the demand curve shifts to the right and becomes P = 500 - .3Qd. Recalculate the elasticity at the $60 price.Ā 

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Prachi Dabas
Prachi DabasLv10
29 Sep 2019
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