4x + 300 A garden shop determines the demand function q = D(x) = during early summer for tomato plants where q is the number of plants sold per day when the price is x dollars per plant. (a) Find the elasticity. (b) Find the elasticity when x= 5. (c) At $5 per plant, will a small increase in price cause the total revenue to increase or decrease? (a) The elasticity is

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 25RE
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4x +300
A garden shop determines the demand function q= D(x)=
during early summer for tomato plants where q is the number of plants sold per day when the
20x + 13
price is x dollars per plant.
(a) Find the elasticity.
(b) Find the elasticity when x= 5.
(c) At $5 per plant, will a small increase in price cause the total revenue to increase or decrease?
(a) The elasticity is
Transcribed Image Text:4x +300 A garden shop determines the demand function q= D(x)= during early summer for tomato plants where q is the number of plants sold per day when the 20x + 13 price is x dollars per plant. (a) Find the elasticity. (b) Find the elasticity when x= 5. (c) At $5 per plant, will a small increase in price cause the total revenue to increase or decrease? (a) The elasticity is
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