Question

Calculate value of MR
information.
Price
50
8
Demand
100
20​

Answer 1

Explanation:

100. 18. 18. 120. 16. 20 a. Calculate the price elasticity of demand when the ... this is a good demand estimate and has shown that supply is QS = 50 + 5P. a. ... 8. To find the free market price for apartments, set supply equal to demand: ... You are given information about the value of the elasticity, P, and Q, which means that.