ryry414 ryry414
  • 20-02-2024
  • Business
contestada

Suppose a research report has estimated the demand for a firm's product as ln QXd = 7 − 1.5 ln PX + 2 ln PY − 0.5 ln M + ln A where:
Px = $15
Py = $6
M = $40,000, and
A = $350
Determine the own price elasticity of demand, and state whether demand is elastic, inelastic, or unitary elastic.

Respuesta :

Otras preguntas

You have two rocks made of the same material that are at the same temperature. The first rock has twice the mass of the second rock. How does the thermal energy
What conclusion can you draw about the nature of early Japanese society and political Structure based on archaeological evidence discussesd in the power point
What is academic writing
classify the decimal form of the given rational number into terminating and non terminating type​
What is the missing value for x
what does the team diffusion meaning
Economists began to think of the national economy. They talked of how the nation could develop and what economic measure could help forge this nation together.
f(x) = -3x³ + x² - 3, find f(1).
During photosynthesis, how many grams of oxygen gas (O₂) are produced from 55 grams of carbon dioxide gas (CO₂)? A. 32 grams 02 B. 40 grams 02 C. 44 grams 0₂ D.
why be concerned about Plagiarism?​