31. (8 pts) Work this demand elasticity problem showing your calculations. P1 = $70 P2 = $60 Q1 = 80 Q2 = 110 Q1-Q2)/(Q1
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31. (8 pts) Work this demand elasticity problem showing your calculations. P1 = $70 P2 = $60 Q1 = 80 Q2 = 110 Q1-Q2)/(Q1
31. (8 pts) Work this demand elasticity problem showing your calculations. P1 = $70 P2 = $60 Q1 = 80 Q2 = 110 Q1-Q2)/(Q1 + Q2) (P1-P2)/(P1 + P2)
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