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Determine the point elasticity n of the demand equation pq+ p+ 50q = 10,000 when p = 200. On--0.820; demnd is elastic On=-0.820; demand is inelastic in 0.820; demand is inelastic On= 0.820; demand is elastic

Determine the point elasticity n of the demand equation pq+ p+ 50q = 10,000 when p = 200. On--0.820; demnd is elastic On=-0.820; demand is inelastic in 0.820; demand is inelastic On= 0.820; demand is elastic

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Determine the point elasticity ŋ of the demand equation pq+ p + 50q= 10,000 when p= 200. %3D On=-0.820; demnd is elastic On = -0.820; demand is inelastic %3D n = 0.820; demand is inelastic On = 0.820; demand is elastic
Transcribed Image Text:Determine the point elasticity ŋ of the demand equation pq+ p + 50q= 10,000 when p= 200. %3D On=-0.820; demnd is elastic On = -0.820; demand is inelastic %3D n = 0.820; demand is inelastic On = 0.820; demand is elastic
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