Associate
- Joined
- 10 Jan 2006
- Posts
- 483
baisically i am trying to work out point elasticity of demand, where formula is dD/dP x p/d
the bit i am stck on in this question is multiiplying (p-5)^2 * (50+200/p-5) , the answer should be 50(p-5)(p-1) can someone explain to mee how this works
the bit i am stck on in this question is multiiplying (p-5)^2 * (50+200/p-5) , the answer should be 50(p-5)(p-1) can someone explain to mee how this works