What is the elasticity of demand for the square shreddies

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Reference no: EM13221302

You estimate the demand function for the square shreddies to be Qs=80-20Ps-6Pm+10Pd, where Pm is the price of milk, Ps is the price of the square shreddies, and Pd is the price of the diamond shreddies. what is the elasticity of demand for the square Shreddies when Pm=$5, Ps=$2 and Pd=$3.

Reference no: EM13221302

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What is the elasticity of demand for the square shreddies : You estimate the demand function for the square shreddies to be Qs=80-20Ps-6Pm+10Pd, where Pm is the price of milk, Ps is the price of the square shreddies, and Pd is the price of the diamond shreddies. what is the elasticity of demand for the squ..

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