Question

Известно,что при цене товара Х в 28 000руб за 1кг величина спроса на него равна 84кг, а при цене товара Х в 32 000руб за 1 кг величина спроса равна 76кг. Определите точечную эластичность спроса по цене. Будет ли спрос эластичен?

Answer 1

Е= (Q2-Q1) / (P2-P1) * P/Q= 76-84/ 32000-28000 * 28000/84= -0,6666 => товар не эластичен, т.к. предел эластичности находится [-1,0]

Answer 2

Е= (Q2-Q1) / (P2-P1) * P/Q= 76-84/ 32000-28000 * 28000/84= -0,6666 товар не эластичен, так как предел эластичности находится [-1,0]

Answer 3

Calculating Price Elasticity of Demand

To calculate the price elasticity of demand, we can use the following formula:

Price Elasticity of Demand (PED) = ((% Change in Quantity Demanded) / (% Change in Price))

First, let's calculate the percentage change in quantity demanded and the percentage change in price using the provided information.

Given: - Price at 28,000 rubles: Quantity demanded = 84 kg - Price at 32,000 rubles: Quantity demanded = 76 kg

The percentage change in quantity demanded is calculated as: % Change in Quantity Demanded = ((New Quantity - Old Quantity) / Old Quantity) x 100

Substituting the values: % Change in Quantity Demanded = ((76 - 84) / 84) x 100 = (-8 / 84) x 100 ≈ -9.52%

The percentage change in price is calculated as: % Change in Price = ((New Price - Old Price) / Old Price) x 100

Substituting the values: % Change in Price = ((32,000 - 28,000) / 28,000) x 100 = (4,000 / 28,000) x 100 ≈ 14.29%

Now, we can use these values to calculate the price elasticity of demand.

Price Elasticity of Demand (PED) = ((-9.52) / 14.29) ≈ -0.67

Interpretation of Price Elasticity of Demand

The price elasticity of demand (PED) is approximately -0.67. Since the absolute value of PED is less than 1, we can conclude that the demand is inelastic.

Inelastic Demand: This means that the percentage change in quantity demanded is less than the percentage change in price. In other words, a change in price will result in a proportionately smaller change in quantity demanded.

Therefore, based on the calculated price elasticity of demand, the demand for the product is inelastic.