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Title: Given the demand function in log-linear form: Q = 120 - 1.5P + 12ADV where Q = quantity, P = price, ... Post by: insherro on Jan 23, 2017 Given the demand function in log-linear form: Q = 120 - 1.5P + 12ADV where Q = quantity, P = price, and ADV = advertising expenditures, what is the price elasticity?
A) 1.5, inelastic B) -1.5, elastic C) 120, elastic D) 12, elastic Title: Re: Given the demand function in log-linear form: Q = 120 - 1.5P + 12ADV where Q = quantity, P = ... Post by: sofresh on Jan 23, 2017 Content hidden
Title: Re: Given the demand function in log-linear form: Q = 120 - 1.5P + 12ADV where Q = quantity, P = ... Post by: Austin Ford on Feb 18, 2020 THANKS
Title: Re: Given the demand function in log-linear form: Q = 120 - 1.5P + 12ADV where Q = quantity, P = ... Post by: Suraj Sinha on Nov 1, 2020 thanks
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