Re: Daily question

Posted by deepti on Feb 28, 2009; 5:39pm
URL: http://discussion-forum.276.s1.nabble.com/Daily-question-tp2328964p2401448.html

1) INCM ELASTICITY OF X AND Y IS 1

2) EQUILIBRIUM PRICE IS 8 AND QTY IS 6

3) UTILITY (R,P,C)=RP+RC+R