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Science-Related Homework Help Calculus Topic started by: Catracho on Jul 25, 2019



Title: Given the demand function D ( p ) = 275 − 4 p 2 D(p)=275-4p2 , Find the Elasticity of Demand at a .
Post by: Catracho on Jul 25, 2019
Given the demand function D(p) = 275 — 4p2
Find the Elasticity of Demand at a price of $8

At this price, we would say the demand is:

Unitary

Elastic

Inelastic

Based on this, to increase revenue we should:
 
Raise Prices
 
Keep Prices Unchanged
 
Lower Prices


Title: Re: Given the demand function D ( p ) = 275 − 4 p 2 D(p)=275-4p2 , Find the Elasticity of Demand ...
Post by: bio_man on Jul 25, 2019
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Title: Re: Given the demand function D ( p ) = 275 − 4 p 2 D(p)=275-4p2 , Find the Elasticity of Demand ...
Post by: bio_man on Jul 25, 2019
Marked this solved, if you have any questions, please let me know