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The Demand Function for Small Business Computers in the United

question 55

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The demand function for small business computers in the United States is given by x = 200 - 10p, where x is annual sales measured in thousands of computers and p is the price of a computer measured in thousands of dollars. Japanese firms supply a big share of these computers. They measure prices in yen where 150 yen equal 1 dollar. The price of 1 computer is $10,000. Let Eu be the price elasticity of demand at this price as calculated by US firms who measure in dollars, and let Ej be the price elasticity of demand at the same $10,000 price but measured in yen by the Japanese firms. Which of the following are the values of Eu and Ej, respectively?


Definitions:

Glial Cells

Non-neuronal cells in the central and peripheral nervous system that support and protect neurons, playing a key role in brain function.

Terminal Cells

Terminal cells refer to the end cells in a biological pathway or structure, often relating to neurons where signals are transmitted to other cells or systems.

Neurons

Specialized cells that convey nerve signals; they are the basic elements of the brain and nervous system.

Excitatory Neurotransmitter

A chemical substance that promotes the firing of neurons and enhances the transmission of impulses across synapses.

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