1
answer
0
watching
122
views
13 Nov 2019
700 (p+4 For the demand function q = D(p)- ã.. find the following a) The elasticity b) The elasticity at p 8, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) a) Find the equation for elasticity. b) Find the elasticity at the given price, stating whether the demand is elastic, inelastic or has unit elasticity E(8) = Simplify your answer. Type an integer or a fraction.) Is the demand elastic, inelastic, or does it have unit elasticity? O A. unit elasticity O B. elastic O c. inelastic c) The value(s) of for which total revenue is a maximum (assume that is in dollars). Round to the nearest cent as needed. Use a comma to separate answers as needed.)
700 (p+4 For the demand function q = D(p)- ã.. find the following a) The elasticity b) The elasticity at p 8, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) a) Find the equation for elasticity. b) Find the elasticity at the given price, stating whether the demand is elastic, inelastic or has unit elasticity E(8) = Simplify your answer. Type an integer or a fraction.) Is the demand elastic, inelastic, or does it have unit elasticity? O A. unit elasticity O B. elastic O c. inelastic c) The value(s) of for which total revenue is a maximum (assume that is in dollars). Round to the nearest cent as needed. Use a comma to separate answers as needed.)
Reid WolffLv2
31 Aug 2019