Page 1 of 1
Use the price-demand equation below to find the values of p for which demand is elastic and the values for which demand
Posted: Mon Jul 11, 2022 11:14 am
by answerhappygod
- Use The Price Demand Equation Below To Find The Values Of P For Which Demand Is Elastic And The Values For Which Demand 1 (50.84 KiB) Viewed 41 times
Use the price-demand equation below to find the values of p for which demand is elastic and the values for which demand in inelastic. Assume that price and demand are both positive. x = f(p) = 520 - 40p Demand is elastic for all values of p in the interval (Type your answer in interval notation.) Demand is inelastic for all values of p in the interval (Type your answer in interval notation.)