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Yao''s weekly demand for basketballs is given by Qd = 3-P^2 where P is the price of basketballs. At the current price, Yao''s demand for basketballs is
unit elastic. What is the current price of a basketball, and how many basketballs is Yao buying at this price?

Microeconomics, Economics

  • Category:- Microeconomics
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