Given the demand equation q=760-10p a. solve demand equation for price= b. find the point of elasticy when p=38 n= describe the demand= elastic, inelastic or has unit elasticy?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
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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Given the demand equation q=760-10p

a. solve demand equation for price=
b.  find the point of elasticy when p=38
n=
describe the demand= elastic, inelastic or has unit elasticy?
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