Use the information below and Calculate the elasticity ,Determine the type of elasticity . If the demand curve for a goods is linear and its slope - 2 , the price of that goods is 100 dinars and the quantity demanded 40 units . what is the elasticity of demand ?

Use the information below and Calculate the elasticity ,Determine the type of elasticity . If the demand curve for a goods is linear and its slope - 2 , the price of that goods is 100 dinars and the quantity demanded 40 units . what is the elasticity of demand ?

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Elasticity

Section: Chapter Questions

Problem 1QP

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