5) Find the elasticity of demand E for the demand function q=14- In p (8 points) A) E-- B) E= C)E=14 14- In p p² -P 14p-

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5 Find The Elasticity Of Demand E For The Demand Function Q 14 In P 8 Points A E B E C E 14 14 In P P P 14p 1 (23.13 KiB) Viewed 40 times

5) Find the elasticity of demand E for the demand function q=14- In p (8 points) A) E-- B) E= C)E=14 14- In p p² -P 14p-In p 1 14- In p -P D) E= 14-In p 6) The demand for boneless chicken breast, in dollars per pound, is given by q = -0.8p+5, where p represents the price per pound and q represents the average number of pounds purchased per week per customer. Determine the price at which the demand for boneless chicken breast is unit elastic. (8 points) A) $4.06 per pound B) $6.25 per pound C) $3.13 per pound D) The demand is not unit elastic at any price. 6