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James89 James89
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5 years ago
In a competitive market where the elasticity of the market demand curve is -0.5, there are 100 identical firms, and the elasticity of the supply curve to the other 99 firms is 4. What is the elasticity of the demand curve of the 100th firm?
A) -446
B) -489
C) -50
D) -0.5
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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gugu123gugu123
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#1
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5 years ago
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James89 Author
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5 years ago
Thanks
acaruso
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Yesterday
Just got PERFECT on my quiz
kater28
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2 hours ago
Thanks for your help!!
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