Consider the function y=2x^2+x, for which dy/dx=4x+1. Compute the elasticity of y with respect to x at x=2 dyConsider the function y = 2x² + x, for which- = 4x +1. Compute the elasticity of y with respect todxx at x=2.

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Consider the function y = 2x +x, for which dx = 4x +1. Compute the elasticity of y with respect to x at x=2.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 16SQ

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Consider the function y=2x^2+x, for which dy/dx=4x+1. Compute the elasticity of y with respect to x at x=2

dy
Consider the function y = 2x² + x, for which
- = 4x +1. Compute the elasticity of y with respect to
dx
x at x=2.

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