Nancy's Chocolates estimates that the elasticity of demand for its dark chocolate truffles is
?
?
wherepis the price per pound. Nancy's sells 19 pounds of truffles per week when the price is $23 per pound. Find the formula expressing the demandqas a function ofp. Recall that the elasticity of demand is given by.
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NOTE: Round the value of the constant in your answer to four decimal places.
?
A.
B. ?
C. ?
D. ?
E. ?
Answer: B
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