if a demand curve is given by y = 50 −.02x  where x is the price in dollars, and y is the sales of Really Big TVs, Find the elasticity when x= $1100 and say if this is Elastic or Inelastic

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Q: If a demand curve is given by y = 50 −.02x  where x is the price in dollars, and y is the sales of…

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A: Correct : c) -2.25

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Q: If the demand is given by p = f(q) = 8100 – 4q then what is the demand elasticity for q = 40 ?

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Q: Find elasticity demand for p+0.0003x=15 at x=25,000 , what kind of elasticity is this

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A: Answer -

Q: Price

A: Given : Price Qd(business) Qd(Vacations) 150 2100 1000 200 2000 800