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13A product has the following price demand equation: f0?) = 300 - 0-021? using the Elasticity of demand equation -pf'(p) E = (p) ftp) a.
13A product has the following price demand equation: f0?) = 300 - 0-021? using the Elasticity of demand equation -pf'(p) E = (p) ftp) a. Determine if demand is elastic, inelastic or neither at a price of p=?0. Show the calculus. b. What affect in Revenue would a small increase in price have
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