107 827
Assignments Done
100%
Successfully Done
In April 2025
In April 2025
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming
Answer to Question #130060 in Microeconomics for Tahir
Question #130060
An individual spends all his income on two goods X and Y. If with the rise in price of good X, the quantity purchased of good Y remains unchanged, what is the price elasticity of demand for X?
Expert's answer
"PED=(\u2206Q\u00f7\u2206P)\u00d7(P\u00f7Q)"
"\u2206Q=x2-x1"
"\u2206P=P2-P1"
"PED=(x2-x1)\u00f7(P2-P1)\u00d7(P\u00f7Q)"
Learn more about our help with Assignments: Microeconomics
Comments
Leave a comment