A garden shop determines the demand function q = D(x) 2x + 400 30x + 13 sold per day when the price is x dollars per pla
Posted: Tue Jun 07, 2022 7:40 am
A garden shop determines the demand function q = D(x) 2x + 400 30x + 13 sold per day when the price is x dollars per plant. (a) Find the elasticity. (b) Find the elasticity when x = 3. (c) At $3 per plant, will a small increase in price cause the total revenue to increase or decrease? (a) The elasticity is during early summer for tomato plants where q is the number of plants