Finding the price elasticity of demand, and the cross price
elasticity of demand from a demand function is something that most intermediate
microeconomics will require you to know.
This idea is related to finding the point price elasticity of demand
covered in a previous post. For more
information on the process you should review that post. This posting is going to go over an example
of calculate both the price elasticity of demand and the cross price elasticity
of demand for two related goods from the following demand function to
demonstrate how the process is done.

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