Using the following equation for the demand for a good or

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Using the following equation for the demand for a good or service, calculate the price elasticity of demand,cross price elasticity with good x, and income elasticityt.

Q= 8 - 2p + 0.10I + Px

Where Q is quantity demanded, p is the price, I is income, and Px is the price of a realeted good, Assume that p=$10,I =100, and Px=20.

Reference no: EM13378409

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