Point Price Elasticity
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If P1 =$5, Q1 =10,000, P2=$6 and Q2=5000, then at point P2 the point price elasticity Ep equals:
a. -6
b. -2.5
c. -4.25
d. -0/12
https://brainmass.com/economics/elasticity/point-price-elasticity-16552
Solution Summary
The solution answers the question(s) below.
$2.49