Business, 19.09.2019 17:30 tyraxoxo

Suppose the demand curve for a product is given by q = 11 - 2p + 3ps where p is the price of the product and ps is the price of a substitue good. the price of the substitute good is $2.80. suppose p = 1.20. what is the price elasticity of demand? what is the cross price elasticity of demand?

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Suppose the demand curve for a product is given by q = 11 - 2p + 3ps where p is the price of the pro...

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