why the answer is a 11. Given the demand function Q = kP4, what is the...

Question

Question

why the answer is a
11. Given the demand function Q = kP4, what is the price elasticity of demand at any point? A)-a B)-a C)-a) D) sp S atport.p.

Answer 1

Answer #1

kpa elusthey demad (e) Price de Cati) KP dp ed de JP CO a) - a Kp ed P e K p4 el akp(a+) -(a+i) ed -a KP KPp ed 1 -a kp-(at1)

Answer 2

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