Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related to the weekly supply x (in thousands of cartons) by the following equation. 625p2 - 2 100 If 24000 cartons of eggs are available at the beginning of a certain week and the price is falling at the rate of 2/carton/week, at what rate is the supply changing? (Round your answer to the nearest whole number.) (Hint: To find the value of p when x = 24, solve the supply equation for p when x = 24.) cartons per week. The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. p= -0.02r2 0.2.r + 6 Compute the elasticity of demand when x = 8. (Round your answer to two decimal places.) .75 Determine whether the demand is inelastic, unitary, or elastic when x = 8. elastic inelastic unitary x Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related to the weekly supply x (in thousands of cartons) by the following equation. 625p2 - 2 100 If 24000 cartons of eggs are available at the beginning of a certain week and the price is falling at the rate of 2/carton/week, at what rate is the supply changing? (Round your answer to the nearest whole number.) (Hint: To find the value of p when x = 24, solve the supply equation for p when x = 24.) cartons per week. The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. p= -0.02r2 0.2.r + 6 Compute the elasticity of demand when x = 8. (Round your answer to two decimal places.) .75 Determine whether the demand is inelastic, unitary, or elastic when x = 8. elastic inelastic unitary x