For the demand function q = D(p) = a) Find the equation for elasticity. 100 (p+ 9) 5 a) The elasticity b) The elasticity at p = 9, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) E(n) = find the following.

For the demand function q = D(p) = a) Find the equation for elasticity. 100 (p+ 9) 5 a) The elasticity b) The elasticity at p = 9, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) E(n) = find the following.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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### Demand Function Analysis

For the demand function $ q = D(p) = \frac{100}{(p + 9)^5} $, find the following:

#### a) The Elasticity
#### b) The Elasticity at $ p = 9 $, stating whether the demand is elastic, inelastic, or has unit elasticity.
#### c) The value(s) of $ p $ for which total revenue is a maximum (assume that $ p $ is in dollars).

---

### a) Find the equation for elasticity.

**Elasticity, $ E(p) $, is given by:**
\[ E(p) = \boxed{} \]

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