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For the demand function 9=D(p)=100/(p+8)^5, find the following. A) elasticity B) The elasticity at P=1, Stating whether The demand is elastic, inelastic, or has unit
For the demand function 9=D(p)=100/(p+8)^5, find the following. A) elasticity B) The elasticity at P=1, Stating whether The demand is elastic, inelastic, or has unit elasticity C) The value(s) of P for which total revenue is a maximum (assume that P is in dollars)
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Acing The New SAT Math
Authors: Thomas Hyun
1st Edition
0975475355, 978-0975475355
