Question Tag: Price Change

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QTB – Nov 2015 – L1 – SB – Q2a – Mathematics of Business Finance

Calculate price elasticity of demand using given demand function and interpret the result.

Given that the demand function of a business is

calculate the price elasticity of demand when x=5  and interpret your result.

(Total: 6 Marks)

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QTB – Nov 2015 – L1 – SB – Q2a – Mathematics of Business Finance

Calculate price elasticity of demand using given demand function and interpret the result.

Given that the demand function of a business is

calculate the price elasticity of demand when x=5  and interpret your result.

(Total: 6 Marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "QTB – Nov 2015 – L1 – SB – Q2a – Mathematics of Business Finance"

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