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Compute all meaningful price, income and cross elasticity

Assignment Help Macroeconomics
Reference no: EM13338254

Year price quantity demanded Real Income Price of Substitute

1 .95 200 11000 .65

2 1.10 180 11000 .65

3 1.10 190 11500 .65

4 1.10 200 11500 .90

5 1.10 170 11500 .90

6 .99 190 11500 .90

7 .99 175 10500 .90

8 .99 150 10500 .62

Compute all meaningful price, income, and cross elasticity coefficients.

Reference no: EM13338254

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