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13 Nov 2019
The demand function for a particular pair of sunglasses is p = 165-0.015q. (a) If the sunglasses are priced at $65, how many pairs can be sold? (Round your answer to the nearest integer.) 6667 pairs (b) Compute the elasticity of demand when the sunglasses are priced at $65. (Round your answer to two decimal places.) At this price, is the demand elastic or inelastic? The demand is elastic. The demand is inelastic. Need Help? Lalk to a Tutor Read It Submit Answer Save Progress Practice Another Version
The demand function for a particular pair of sunglasses is p = 165-0.015q. (a) If the sunglasses are priced at $65, how many pairs can be sold? (Round your answer to the nearest integer.) 6667 pairs (b) Compute the elasticity of demand when the sunglasses are priced at $65. (Round your answer to two decimal places.) At this price, is the demand elastic or inelastic? The demand is elastic. The demand is inelastic. Need Help? Lalk to a Tutor Read It Submit Answer Save Progress Practice Another Version
Patrina SchowalterLv2
11 Apr 2019