Question
Use the price-demand equation to find the values of p for which demand is elastic and the values for which demand is inelastic. Assume
Use the price-demand equation to find the values of p for which demand is elastic and the values for which demand is inelastic. Assume that price and demand are both positive. x=f(p)=3174-6p2 The values of p for which demand is elastic are 23 (Simplify your answer. Type your answer in interval notation. Type an exact answer, using radicals as needed. Use integers or fractions for any numbers in the expression.) The values of p for which demand is inelastic are (Simplify your answer. Type your answer in interval notation. Type an exact answer, using radicals as needed. Use integers or fractions for any numbers in the expression.)
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College Mathematics For Business Economics Life Sciences And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
13th Edition
0321945514, 978-0321945518
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