Inelastic Demand Assignment | Assignment Help Services
September 13th, 2019
Given the demand equation find the values of p for which demand is elastic
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Question 1 Given the demand equation x = f (p) = 13600-2p’ ; 0 < p < 30v2 , find the values of pfor which demand is elastic and the values of p for which demand is inelastic. (7 marks)