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For the demand function q = D(p)=329-p, find the following. a) The elasticity b) The elasticity at p=92, stating whether
Posted: Wed Jul 06, 2022 11:55 am
by answerhappygod
- For The Demand Function Q D P 329 P Find The Following A The Elasticity B The Elasticity At P 92 Stating Whether 1 (22.14 KiB) Viewed 12 times
For the demand function q = D(p)=329-p, find the following. a) The elasticity b) The elasticity at p=92, 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. E(p) =