Assigamant #02 Topte + Choptere - 02 [ Bemand and Supply] Id # 51612020 Acegrom + pp Course + MPB- Yoo [Manogerial Ecenomies} 4 a se Reger for ce. Md. Refqul Tom Profescor Department sf Bon King emd Tm surance. Faculty of Business Stedies University of hong 24 Felomiorey , 2017Preololem 4% We tomle elo shows the relationship between the price of A ond the quantity demand for A ond B. | Prerceop | Quantity demented | Quantity dayrovded i Alem) [Fee 8 (49) fear & Cas) | Goo | so 400 i 5.06 | 120 %o eo | loo xO 1 Foo Bo 50 @ Caloulate the price ebstitty of demood !§ the prdce Of A Mreverses from AMS to RMX . State whether the demand fore A's elshte os tmelostre Solution Given , p, “=F | Qa , Q,=%0 friee elistedly of demasrd, peer ape Ciena ere eee a FP) 80-120 5 120) 75 = -0:333 v. LE] = 0-993 simee, Ep 21 Ashe demand fer A fs Inelashe-EC) Glolote tne eavss chetetty of demand br & tuhen the pwee oh A decvenses oom RMG ty BMG, Wrok {5 the telattonsktp loetucen A and BP? ee IE op bs Ser = 70 } Q..= 100 Ba Gross, Posttly O§ demand for B fe, fen = Sno- Gy Ger \e0-~ Fo ——- x Fo = - ag "? Een 20 “ Nand B&B ty Complementary Yoods , Gra)