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Answer to Question #67406 in Macroeconomics for barack

Question #67406

4. Given the following demand function
QX = 100 – 2P2
(a) Calculate the price elasticity of demand when price is Ksh. 6.
(b) Calculate the price elasticity of demand in the price range Ksh. 3 and Ksh. 5.

Answer to Question #67406 in Macroeconomics for barack

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