Question

The demand for tickets to an Ethiopian Camparada film is given by D(p)=200.000-10.000p. Where p is the price of tickets.if the price of tickets is 12 birr, Calculate price elasticity of demand for tickets and the demand curve
A). Find the Market Equilibrium price and quantity
B).what Would be the State Of the market if Market price was fixed at Birr 25 Per unit C). Calculate And interpret Price elasticity Of domend at the Equilibrium Point

Answer 1

 If the price of tickets is 12 birr, Calculate price elasticity of demand for tickets and the demand curve A). Find the Market Equilibrium price ..

Answer 2

Answer:

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