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11-04-2024
Mathematics

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For the demand function q = D(p)=√295-p, find the following. a) The elasticity b) The elasticity at p = 106, 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) a) Find the equation for elasticity. E(p)=

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