The demand function for a product is modeled by p = 400 − 4x, 0 ≤ x ≤ 100, where p is the price per unit (in dollars) and x is the number of units. (a) Determine when the demand is elastic and inelastic. (Enter your answer using interval notation. If an answer does not exist, enter DNE.) elastic demand inelastic demand Determine when the demand is of unit elasticity. (Enter your answers as a comma-separated list.) x =
The demand function for a product is modeled by p = 400 − 4x, 0 ≤ x ≤ 100, where p is the price per unit (in dollars) and x is the number of units. (a) Determine when the demand is elastic and inelastic. (Enter your answer using interval notation. If an answer does not exist, enter DNE.) elastic demand inelastic demand Determine when the demand is of unit elasticity. (Enter your answers as a comma-separated list.) x =
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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The demand function for a product is modeled by
p = 400 − 4x,
0 ≤ x ≤ 100,
where p is the price per unit (in dollars) and x is the number of units.(a)
Determine when the demand is elastic and inelastic. (Enter your answer using interval notation. If an answer does not exist, enter DNE.)
elastic demand
inelastic demand
Determine when the demand is of unit elasticity. (Enter your answers as a comma-separated list.)
x =
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