You are told that the price elasticity of demand for Beta shoes is . Derive the demand curve if when P = 10, Q = 100? [5 MARKS]. II. Calculate the interest rate which will make the investment to double over a period of 10 years if interest rate is compounded monthly [5 MARKS]. III. In 2019, a total of 100, 000 new micro enterprises were created in Zed Republic. If new micro enterprises fail at a continuous rate of 12% per annum, how many years will it take for the newly created firms to fall to 50, 000 firms? [5 MARKS].
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new micro enterprises were created in Zed Republic. If new micro enterprises fail at a continuous rate of 12% per annum, how many years will it take for the newly created firms to fall to 50, 000 firms
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