If a price-demand equation is solved for p, then price is expressed as p = g(x) and x becomes the independent variable. In this case, it can be shown that the elasticity of demand is given by E(x) = g(x) Use the price-demand equation below to find E(x) at the indicated value of x. xgʻ(x) p=g(x) = 45 – 2x, x= 324

If a price-demand equation is solved for p, then price is expressed as p = g(x) and x becomes the independent variable. In this case, it can be shown that the elasticity of demand is given by E(x) = g(x) Use the price-demand equation below to find E(x) at the indicated value of x. xgʻ(x) p=g(x) = 45 – 2x, x= 324

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section: Chapter Questions

Problem 18T

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