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Find the elasticity. x 1800 q = D(x) = E(x) = - x.D'(x) D(x) x E(x)=- 1800 Note: Recall that the elasticity of demand
Find the elasticity. x 1800 q = D(x) = E(x) = - x.D'(x) D(x) x E(x)=- 1800 Note: Recall that the elasticity of demand E is given as a function of price x by E(x)= =- E(x)=- O E(x) = 1 x 1800 x
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