suppose price elasticity of demand for hp laptops
Suppose price elasticity of demand for HP laptops is -2.3. If the price of an HP laptop is $1,000, what should the new price be to have an increase of 10% in quantity demanded for HP laptops?
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the math equation is written exactly this way 050x1-60-60x010 the answer i get is 10 and others say
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suppose price elasticity of demand for hp laptops is -23 if the price of an hp laptop is 1000 what should the new price be to have an increase of 10
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