I am trying to find how do I do the price elasticity of demand. I got the values however they are not balancing out . Here is the problem :where Qx represents thousands of donuts; Px is the price per donut; Py is the average price per donut of other brands of donuts; and Ax represents thousands of dollars spent on advertising Newton's Donuts. The current values of the independent variables are Ax=120, Px=0.95, and Py=0.64.
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