The demand function is Q=100-2P+PA+0.1Y, where P=10, PA=12 and Y=1000, find the price elasticity,

cross-price elasticity and income elasticity of demand. What happened to demand when (i) P decreases

by 5% (ii)PA increases by 5% (iii) Y increases by 10%?

asked by guest
on Nov 24, 2024 at 6:50 am



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