Suppose the demand for inject printers is estimated to be Q= 1000-2p+5Px-3Py+0.1Y P=80 Px= 20 Py= 150 Y= 1000 A.Calculate price elasticity of demand? (2 pt) B.Calculate cross price elasticity of x and y (Exy)? And state the nature of good C.Calculate income elasticity of demand and what we can say about the goods
Suppose the demand for inject printers is estimated to be
Q= 1000-2p+5Px-3Py+0.1Y
P=80 Px= 20 Py= 150 Y= 1000
A.Calculate price elasticity of demand? (2 pt)
B.Calculate cross price elasticity of x and y (Exy)? And state the
nature of good
C.Calculate income elasticity of demand and what we can say about
the goods


