Professional Documents
Culture Documents
Elasticity
Elasticity
P1 $ 55.00 P1 $ 20.00
P2 $ 45.00 P2 $ 40.00
Q1 160,000.00 Q1 360
Q2 240,000.00 Q2 320
percent percent
%∆P -20.00 %∆P 100.00
%∆Q 40.00 %∆Q -11.11
E - 2.00 E -0.11
Slope $ -0.00
Revenue 1 $ 8,800,000.00
Revenue 2 $ 10,800,000.00