Provide an appropriate response.Determine the point elasticity ? of the demand equation p = - + 30, where p > 0 and q > 0.

What will be an ideal response?


? = 2 - ; demand is elastic when q < 400, demand has unit elasticity when q = 400, and demand is inelastic when 400 < q.

Mathematics

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Mathematics

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A. 10
B. -4
C. 5
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Mathematics