moneymark705 moneymark705

13-05-2023
Business

contestada

for the demand function q=d(p)=200/(p 3)^4 , find the following.
a) The 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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