Elasticity of Demand for Ink-Jet Cartridges The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. p = -0.04x2 – 0.4x + 6 Compute the elasticity of demand when x = 5. (Round your answer to two decimal places.) 4.8
Elasticity of Demand for Ink-Jet Cartridges The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. p = -0.04x2 – 0.4x + 6 Compute the elasticity of demand when x = 5. (Round your answer to two decimal places.) 4.8
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 27E
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