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2. (14 points) Suppose that the demand of a product is given by the demand equation p = 510 - q where p is the
2. (14 points) Suppose that the demand of a product is given by the demand equation p = 5\\10 - q where p is the price per unit. (a) (10 points) Find the elasticity of demand when p = 15.3. (10 points) Use implicit differentiation to find dy /dx: y e2 + In(y + 1) = (x2 + 3) (x +2)3
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