Use the price-demand equation below to find E(p), the elasticity of demand. x = f(p) = 40,000 - 550p E(p) =| (Simplify your answer.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 44E
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Use the price-demand equation below to find E(p), the elasticity of demand.
x = f(p) = 40,000 – 550p
...
E(p) =|
(Simplify your answer.)
Transcribed Image Text:Use the price-demand equation below to find E(p), the elasticity of demand. x = f(p) = 40,000 – 550p ... E(p) =| (Simplify your answer.)
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