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Use the price-demand equation = f(p) 4800 – 4p? x = to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. , so, the demand is If the price increases by 10%, then the demand (A) At p = 30, the elasticity is E(30) = by %. And the revenue will If the price increases by 10%, then the (B) At p = 15, the elasticity is E(15) = by (use 3 decimal places) so, the demand is % (use 2 decimal places). And the revenue will demand

Use the price-demand equation = f(p) 4800 – 4p? x = to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. , so, the demand is If the price increases by 10%, then the demand (A) At p = 30, the elasticity is E(30) = by %. And the revenue will If the price increases by 10%, then the (B) At p = 15, the elasticity is E(15) = by (use 3 decimal places) so, the demand is % (use 2 decimal places). And the revenue will demand

Algebra & Trigonometry with Analytic Geometry
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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Pregunta 4 Use the price-demand equation f(p) = 4800 – 4p² X = to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. If the price increases by 10%, then the demand (A) At p = 30, the elasticity is E(30) = by , so, the demand is %. And the revenue will (B) At p = 15, the elasticity is E(15) = by (use 3 decimal places) so, the demand is % (use 2 decimal places). And the revenue will If the price increases by 10%, then the demand Banco de palabras: elastic increases 60 6 23 34.6 0.30 decreases unit inelastic 0.462 1 decrease increase inelastic decreases 4.62 increase
Transcribed Image Text:Pregunta 4 Use the price-demand equation f(p) = 4800 – 4p² X = to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. If the price increases by 10%, then the demand (A) At p = 30, the elasticity is E(30) = by , so, the demand is %. And the revenue will (B) At p = 15, the elasticity is E(15) = by (use 3 decimal places) so, the demand is % (use 2 decimal places). And the revenue will If the price increases by 10%, then the demand Banco de palabras: elastic increases 60 6 23 34.6 0.30 decreases unit inelastic 0.462 1 decrease increase inelastic decreases 4.62 increase
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