You are given the following information
[ad_1]
You are given the following information:
⢠Price elasticity of demand for cigarettes at currentprices is 0.5
.⢠Current price of cigarettes is $0.05 per cigarette.
⢠Cigarettes are being purchased at a rate of 10 millionper year.
Find a linear demand that fits this information, and graphthat demand curve.
[Button id=”1″]
[ad_2]
Source link