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Concept explainers
For the demand function given in each of Exercises 1-10, find the following
a. The elasticity
b. The elasticity at the given price, stating whether the demand is elastic or inelastic
c. The value (s) of x for which total revenue is a maximum (assume that x is in dollars)
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Chapter 3 Solutions
Pearson eText Calculus and Its Applications, Brief Edition -- Instant Access (Pearson+)
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