6) The demand for boneless chicken breast, in dollars per pound, is given by q=-0.8p+5, where p represents the price per
Posted: Mon Jul 11, 2022 11:07 am
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.