(Steps Shown) Suppose Q x d = 10,000 - 2 P x + 3 P y - 4.5M , where P x = $100, P y = $50, and M = $2,000. What is the own-price elasticity of
Question: Suppose Q x d = 10,000 - 2 P x + 3 P y - 4.5M , where P x = $100, P y = $50, and M = $2,000. What is the own-price elasticity of demand?
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