ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Given the demand equation Qdx = 50 - Px, compute the own price elasticity of demand for x when the old price is 10 pesos and the mew price is 15 pesos. Kindly show a solution, thanks!
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