College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.CT: Chapter Test
Problem 4CT
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Question
a. n=
b. Is the demand elastic, inelastic or has unit elasticity
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p =
q + 50
find the point elasticity at q = 500."
Transcribed Image Text:700
p =
q + 50
find the point elasticity at q = 500.
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