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Home Q & A Board Science-Related Homework Help Mathematics Calculus
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Catracho Catracho
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4 years ago Edited: 4 years ago, bio_man
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
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bio_manbio_man
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#2
Educator
4 years ago
Marked this solved, if you have any questions, please let me know
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