shamim5062 shamim5062

22-02-2024
Business

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Suppose the price elasticity is equal to -2 at a price of $5 and a quantity of 750 units. Is this information consistent with the following demand function?
a) Q=1500−500P
b) Q=500−250P
c) Q=750−150P
d) Q=3000−1000P

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