pls do provide calculation and explain thank you !Answers
1 9meome elasticty of demand clange Ho bik: ,45s, 00 28,000 2-33,000 Ey = - S x 100 33,000-28000 60,000-55,0o X 55,000 28,000 55,0p0 t.96 5000 28, e60 743 Luxuay fraduot in As uicome male luewris on Aror Paice olastiety of dlonand .4 Puice of good lanlleie Y= mobile ioo = lloo0-12500 120 1D0 12 500 15,0p 125 BB 0,6
Exy o Conaplemente BY buses, demand der ala Hagy Parse substifuter mot are E 1.2 0.3 Es = .49s . 4P 5Y.
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Short runj O.8- 59. 1.5 7 Vaupeid iereases /1-59 Susentiy Tumj 1.2: 51. .A9S6.0
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