Demand is characterized by P(@d) = 100 – (3/10)*Qd. If market price increases from $50 to $57, what is the change in quantity demanded? %3D Enter a positive number if quantity demanded increases, or a negative number if quantity demanded decreases. Round to two decimal places. If your answer is 1.125, enter 1.13.

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ChapterP2: Microeconomics Fundamentals
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Demand is characterized by P(Qd) = 100 – (3/10)*Qd. If market price increases from
$50 to $57, what is the change in quantity demanded?
Enter a positive number if quantity demanded increases, or a negative
number if quantity demanded decreases.
Round to two decimal places. If your answer is 1.125, enter 1.13.
Transcribed Image Text:Demand is characterized by P(Qd) = 100 – (3/10)*Qd. If market price increases from $50 to $57, what is the change in quantity demanded? Enter a positive number if quantity demanded increases, or a negative number if quantity demanded decreases. Round to two decimal places. If your answer is 1.125, enter 1.13.
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