R/elasticity.R
In andrewheiss/byumpa: Functions for concepts covered in BYU's MPA program
# C = cost of item; E = elasticity
# Optimal price = C(E/(E+1))
elasticity <-
function(cost, elasticity) {
cost * (elasticity/(elasticity + 1))
}
andrewheiss/byumpa documentation built on May 10, 2019, 10:31 a.m.
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# C = cost of item; E = elasticity
# Optimal price = C(E/(E+1))
elasticity <-
function(cost, elasticity) {
cost * (elasticity/(elasticity + 1))
}
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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