Thursday, January 5, 2012

Demand equation of yam is Qy=10-5Py+4Pq-8A, find its price elasticity and its cross price elasticity with gari?

Qy original quantity of yam is 35, Py original price of yam is $10, Pq original price of gari is $8 and A original amount on advert is $160. Please show your workings

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