the price of good X increases from RM3 to RM5, the quantity demanded drops from 10 to 8. if the market price is equal to 1, determine how many units of good X will be sold in the market.
the price of good X increases from RM3 to RM5, the quantity demanded drops from 10 to 8. if the market price is equal to 1, determine how many units of good X will be sold in the market.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
ChapterP2: Microeconomics Fundamentals
Section: Chapter Questions
Problem 11KC
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the price of good X increases from RM3 to RM5, the quantity demanded drops from 10 to 8. if the market price is equal to 1, determine how many units of good X will be sold in the market.
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