The price-point elasticity of demand formula is: Ed = P/Q sub d * dQ/Dp, where: P is the price at which you are evaluating the elasticity of demand. Q sub d is the quantity demanded at the point you are evaluating elasticity of demand. dQ/dP is the first derivative of quantity demanded with respect to price.
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Miles Standish was an important member of the Pilgrims who helped establish Plymouth Colony in North America. Learn about the many ways Standish helped this colony become successful.