(c) Lara offers 100 autograph bats. If each is priced at p dollars, it is that the demand curve for the bast will be p = 250 −q/4.   If price elasticily is E(p) = dq/q divided by dp/p. When |E(p)| < 1, demand is inelastic and when |E(p)| > 1, demand is elastic. (i) Find the price elasticity of demand for Lara′ s bats. (ii) Is demand inelastic or elastic?

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Q: (where Determine the point elasticity of demand of the demand function p k > 0).

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Q: (c) Lara offers 100 autograph bats. If each is priced at p dollars, it is that the demand curve dq…

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.