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    Microeconomics Theory and Applications Study Set 2
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    Exam 2: Supply and Demand
  5. Question
    Consider the Demand Curve Q = 50 - 3P,for P=10
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Consider the Demand Curve Q = 50 - 3P,for P=10

Question 8

Question 8

Multiple Choice

Consider the demand curve Q = 50 - 3P,for P=10 elasticity is:


A) 1.
B) 1.5.
C) 3.
D) 6.

Correct Answer:

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