Solution) You sell small electronic components a defense firm and the demand for your components is P = 1200


Question: You sell small electronic components a defense firm and the demand for your components is

P = 1200 – 2/3 Q

Calculate the price elasticity of demand at a price of $400 and at a price of $600. (8 pts.)

Price: $2.99
Solution: The solution consists of 1 page
Deliverable: Word Document

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