Suppose that the demand for dental hygienists is L D = 5,000 20W, where L =
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Suppose that the demand for dental hygienists is LD = 5,000 – 20W, where L = the number of dental hygienists and W = the daily wage. What is the own-wage elasticity of demand for dental hygienists when W = $100 per day? Is the demand curve elastic or inelastic at this point? What is the own-wage elasticity of demand when W = $200 per day? Is the demand curve elastic or inelastic at this point?
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Related Book For 
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
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