The estimated equation for the linear U.S. corn demand curve is where (p) is the price in
Question:
The estimated equation for the linear U.S. corn demand curve is
where \(p\) is the price in dollars per bushel and \(Q\) is the quantity demanded in billion bushels per year. \({ }^{5}\) What is the elasticity of demand at the point on the demand curve where the price is \(p=\$ 7.20\) per bushel?
Transcribed Image Text:
Q = 15.6 -0.5p, (3.5)
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Substitute the slope coefficient b the price and the quantity val...View the full answer
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Samridhi sahal
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2016-19 - MDS (Master in Dental Surgery)- Oral Pathology & Microbiology FROM Sharda University, School Of Dental Sciences, Greater Noida
2010-14 -BDS
Bachelor of Dental Surgery FROM I.T.S Dental College, Greater Noida
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Internship - I.T.S Dental College, Greater Noida
Consultant- Peoples Dental Clinic, Greater Noida
Oncology Posting - Dharamshila Hospital, Ashok Vihar, Delhi
TUTOR- Teaching Dental Anatomy , Oral Histology and Oral Pathology to post graduate students.
RESEARCHER- Have got grants for project and working as a researcher on the project in collaboration with sharda university and a pharmaceutical company
OTHER COURSES / CERTIFICATION:
1.Diploma in Diet Nutrition
2. GLOBAL HUB on Smokeless Tobacco- FCTC (Framework Convention on Tobacco Control)-WHO (World Health Organization)
3. Basic Life Support Expert- AHA (American Heart Association)
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