demanded

Percentage
Ed=
change Quantity
in

percentage change in Price

%DD 140 "

AQ Po

App.
#
AP do
Price

P3 elastic
I
highly
Pz

-
I -I unitary elastic

lasene
et
Ed
0 =-1.5highly
=
=
elastic
Ex-in demanded
quacklit g
or rade
%DDA BOYDA ADA PB
-DP
AP DA
(200) x100 - 25%
200

1)
=2 x 100 50%

-25%) - 0.5
50%
Price
A

Pz

P.

0
&, O2 Quantity
Substitute
Price
R

Pz
P,

I
0
&2 ①, Quantity
Complement
0 a
= -

bP cI
+ dPB
+

x
x
xP
a 100,
= b
5,c
=
10,d
=
3 =

(Price the product)

P 20=

of consumer)
I 2000 (income of
=

PB = 10
of
related
(Price the good)

& 100
=
-
5x20 + 10x2000 3x10
+

0 100
=
100 + 20000 30
+
-

R 20/30
=
 x
-
= bx(P/a)
-
= 5x(4/20130) = -

0.00496

-x
=
-
(f/a)
=10X
20130 C ~0.9901
 -XP
dx
PB/0
=

3x(%20130) 0.0149
= =