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Business, 08.02.2021 04:00 nikejenkins18

Using the data below calculate the elasticities of demand for (a)Petrol (b)Kerosene. Petrol-Old Price=42,Old Quantity=30,000,New Price (K)=60,New quantity=25,000
Kerosine-Old price=18,Old quantity=50,000,New price =50,New quantity=40,000

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Using the data below calculate the elasticities of demand for (a)Petrol (b)Kerosene. Petrol-Old Pric...
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