Demand function example Wiley book 2 page 13

CFA Level I Economics
#1

In calculating demand elasticity from demand function
How we get 10500
QDG=7500-500(3)+100(60)-50(30)
=10500
How 10500 coming

#2
7,500 āˆ’ 500(3) + 100(60) āˆ’ 50(30) = 7,500 āˆ’ 1,500 + 6,000 āˆ’ 1,500 = 10,500.

Iā€™m not sure I understand your question.

1 Like
#3

Thanks , There was a mistake in my calculation so not giving correct result