Use the price-demand equation below to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. x-f(p)%3D2170-5p-0.1p2 (A) p = 5 (B) p 70 (C) p 85 (A) Describe the demand's elasticity for the given price-demand equation at p = 5. Choose the correct answer below. Elastic Inelastic O Unit Elastic

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Use the price-demand equation below to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p.
x-f(p)%3D2170 – 5p – 0.1p?
(A) p = 5
(B) p = 70
(C) p=D85
(A) Describe the demand's elasticity for the given price-demand equation at p= 5. Choose the correct answer below.
O E lastic
O I nelastic
O Unit Elastic
Click to select your answer and then click Check Answer.
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Transcribed Image Text:Use the price-demand equation below to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. x-f(p)%3D2170 – 5p – 0.1p? (A) p = 5 (B) p = 70 (C) p=D85 (A) Describe the demand's elasticity for the given price-demand equation at p= 5. Choose the correct answer below. O E lastic O I nelastic O Unit Elastic Click to select your answer and then click Check Answer. 2 parts remaining Clear All II
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