Top Posters
Since Sunday
c
6
l
5
h
5
h
5
k
5
t
5
h
4
B
4
w
4
g
4
e
4
b
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
insherro insherro
wrote...
Go to Answer
Posts: 671
Rep: 5 0
7 years ago
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
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 326 times
3 Replies
University of Ottawa - Economics for Managers
Replies
Answer verified by a subject expert
sofreshsofresh
wrote...
#1
Posts: 466
Rep: 11 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

Related Topics

wrote...
#2
4 years ago
THANKS
wrote...
#3
3 years ago
thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1270 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 314
  
 227
  
 1078
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Does a gender wage gap exist in America?