4x + 300 A garden shop determines the demand function q = D(x) = during early summer for tomato plants where q is the number of plants sold per day when the 20x + 13 price is x dollars per plant (a) Find the elasticity. (b) Find the elasticity when x = 5 (c) At $5 per plant, willa small increase in price cause the total revenue to increase or decrease? 5948x (a) The elasticity is (20x + 13)(4x + 300) 1487 (b) When x = 5 , the elasticity is 1808 (Simplify your answer. Type an integer or a fraction) (c) Fill in the blank below. At $5 per plant, a small increase in price will cause the total revenue to increase

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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4x + 300
A garden shop determines the demand function q = D(x) =
during early summer for tomato plants where q is the number of plants sold per day when the
20x + 13
price is x dollars per plant
(a) Find the elasticity
(b) Find the elasticity when x = 5.
(c) At $5 per plant, will a small increase in price cause the total revenue to increase or decrease?
S...
5948x
(a) The elasticity is
(20x + 13)(4x + 300)
1487
(b) When x = 5, the elasticity is
1808
(Simplify your answer. Type an integer or a fraction)
(c) Fill in the blank below
At $5 per plant, a small increase in price will cause the total revenue to increase.
Transcribed Image Text:4x + 300 A garden shop determines the demand function q = D(x) = during early summer for tomato plants where q is the number of plants sold per day when the 20x + 13 price is x dollars per plant (a) Find the elasticity (b) Find the elasticity when x = 5. (c) At $5 per plant, will a small increase in price cause the total revenue to increase or decrease? S... 5948x (a) The elasticity is (20x + 13)(4x + 300) 1487 (b) When x = 5, the elasticity is 1808 (Simplify your answer. Type an integer or a fraction) (c) Fill in the blank below At $5 per plant, a small increase in price will cause the total revenue to increase.
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