For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic, or whether it has unit elasticity.q = D(x) = ; x = 540

A. ; elastic
B. ; inelastic
C. 1; unit elasticity
D. ; elastic


Answer: A

Mathematics

You might also like to view...

Convert 600 minutes to hours.__________ hr

Fill in the blank(s) with the appropriate word(s).

Mathematics

Solve the equation. = 

A. {3, 4} B. {1, 12} C. {-3, 4} D. {-3, -4}

Mathematics

Find the sum of all real solutions of the equation. ? ? ?

A. 7 B. 2 C. 5 D. 0 E. None of the above

Mathematics

Use interval notation to represent all values of x satisfying the given conditions.y1 = 6x + 1, y2 = 5x - 1, and y1 ? y2.

A. [0, ?) B. (-?, -2) C. [-2, ?) D. (-?, -2]

Mathematics