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Layunin:
Panuto: Kompyutin ang Elastisidad ng Demand at tukuyin kung anong Uri ng Elastisidad. (10 points each)
Formula:
Q2 – Q1
Q1 + Q2
2
Ed= P2 – P1
P1 + P2
2
Solutions:
= ((Q2 – Q1) / (Q1 + Q2) / 2) / ((P2 – P1) / (P1 + P1) / 2) = ((Q2 – Q1) / (Q1 + Q2) / 2) / ((P2 – P1) / (P1 + P1) / 2)
= ((2900 − 3000) / (2900 + 3000) / 2) / ((2500 - 2000) / (2500 + 2000) / 2)
= -0.0085 / 0.0556 = ((550 − 750) / (550 + 750) / 2) / ((2500 - 2000) / (2500 + 2000) / 2)
= -0.1525 = -0.0769 / 0.0556
= < 1 ⇒ Inelastic Demand = -1.3846
=>1 ⇒ Elastic Demand