The demand for a product is qd a - bp where a and b are
The demand for a product is Qd = A - Bp where A and B are positive constants. Suppose when the price is $1, the amount demanded is 60 and the elasticity of demand is -1. What are the values of A and B?
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the demand for a product is qd a - bp where a and b are positive constants suppose when the price is 1 the amount
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