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Math 110 Course Resources - Marginal Analysis & Elasticity Course Packet on elasticity of demand and finding the unitary price point Given the demand equation

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Math 110 Course Resources - Marginal Analysis & Elasticity Course Packet on elasticity of demand and finding the unitary price point Given the demand equation x + P - 50 = 0, where p represents the price in dollars and x the number of units, determine the value of p where the elasticity of demand is unitary. Price, p = dollars This is the price at which total revenue is O maximized O minimized -/1 Points] DETAILS Math 110 Course Resources - Marginal Analysis & Elasticity Course Packet on elasticity of demand and finding the unitary price point Given the demand equation x4 + 36p = 450, where p represents the price in dollars and x the number of units, determine the value of p where the elasticity of demand is unitary. Price, p = dollars If the current price is 9 dollars and price is increased by 1%, then total revenue will O increase O decrease

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