Suppose that demand for a good depends on its price (p), the price of alternative good (pa), and the income of consumers (y). given the demand function q = 100-2p +pa+0.1 y
find the price elasticity of demand where p=10, pa= 12 and y=1000
b. find the income elasticity of demand where p=10, pa= 12 and y=1000

a)

b)  income elasticity = 0.521

Step-by-step explanation:

Since we have given that

Demand function is stated as

Here, P stands for price.

stands for price of alternative good

Y stands for income of consumers

1) we have given that

P=10, PA= 12 and Y=1000

So, Q becomes

Price elasticity of demand would be

Hence,

2) P=10, PA= 12 and Y=1000

So, Income elasticity of demand would be

Hence, income elasticity = 0.521

fahrenheit

step-by-step explanation:

fahrenheit is more precise than celsius. the ambient temperature on most of the inhabited world ranges from -20 degrees fahrenheit to 110 degrees fahrenheit—a 130-degree range. on the celsius scale, that range is from -28.8 degrees to 43.3 degrees—a 72.1-degree range. this means that you can get a more exact measurement of the air temperature using fahrenheit because it uses almost twice the scale.

well what did you do it matters what you did : )

step-by-step explanation: