107 819
Assignments Done
100%
Successfully Done
In February 2025
Physics help
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
 Math help
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
 Programming help
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming

Answer to Question #260980 in Economics for DanDan

Question #260980

The demand curve is QD=500-1/2P


Calculate the (point) price elasticity of demand when price is Php100.


1
Expert's answer
2021-11-04T13:48:30-0400
E=−12×100500−0.5×100=−19E=-\frac{1}{2}\times\frac{100}{500-0.5\times100}=-\frac{1}{9}


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

Our fields of expertise
10 years of AssignmentExpert
LATEST TUTORIALS
New on Blog