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Given the function below. complete parts (a) through {c}. k c = D00 2 T. where k is a positive constant and n is an
Given the function below. complete parts (a) through {c}. k c = D00 2 T. where k is a positive constant and n is an integer greater than 0. (a) Find the elasticity of the demand function. (b) is the value of the elasticity dependent on the price per unit? (c) Does the total revenue have a maximum? When? (a) E(x) = (Simplify your answer.) (b) is the value of the elasticity dependent on the price per unit? No Yes (c) Does the total revenue have a maximum? When? A- Yes. at n = B. No. the total revenue does not have a maximum value
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