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where is solution. we need solution and only 2 days remaining
Qd=1500-30(1300) + (13002)
Dq/ Dp =-30 +2P
Dq/ Dp =-30+2p
Dq/ Dp =-30+2(1300)
Dq/ Dp =2570
The formula of elasticity = (Dq/Dp) (P/Q)
= (2570) (1300/1666000)
Dq/ Dp =-20+4(180)
Dq/ Dp =-20+720
Dq/ Dp =700
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