The demand function for a particular pair of sunglasses is p = 135 – 0.095q. (a) If the sunglasses are priced at $65, how many pairs can be sold? (Round your answer to the nearest integer.) pairs (b) Compute the elasticity of demand when the sunglasses are priced at $65. (Round your answer to two decimal places.) At this price, is the demand elastic or inelastic? O The demand is elastic. O The demand is inelastic.

The demand function for a particular pair of sunglasses is p = 135 – 0.095q. (a) If the sunglasses are priced at $65, how many pairs can be sold? (Round your answer to the nearest integer.) pairs (b) Compute the elasticity of demand when the sunglasses are priced at $65. (Round your answer to two decimal places.) At this price, is the demand elastic or inelastic? O The demand is elastic. O The demand is inelastic.

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter2: Functions

Section2.4: Average Rate Of Change Of A Function

Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.

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