JohnnyDuey
Point elasticity…I don’t understand the derivative part…
OK, If I have Q = 100 – p^2
Assuming p1 = 5, then Q = 75, my book says that the point elasticity is equal to:
-2P X 5/75, but what I don’t understand is where the -2P came from. Can someone make this clear in a step
By step way?
1 Answer
lindilou
Try this excellent explanation>>>http://www.masterit.ie/elasticity/point.htm
| 12 years ago. Rating: 1 | |
Top contributors in Economics category
Unanswered Questions
Nhà Cái 99ok
Answers: 0
Views: 2
Rating: 0
fb88vius
Answers: 0
Views: 6
Rating: 0
Fpg88com
Answers: 0
Views: 6
Rating: 0
v8clubaeorg
Answers: 0
Views: 5
Rating: 0
FA88
Answers: 0
Views: 6
Rating: 0
Nhacai v9betxe
Answers: 0
Views: 7
Rating: 0
jenetbr
Answers: 0
Views: 7
Rating: 0
pg99online
> More questions...
Answers: 0
Views: 6
Rating: 0