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Business, 27.05.2021 02:50 jamarstand

Suppose that the demand for a product is given by 2p2q10,0009000p2.(a) Find the elasticity when p$50 and q4502.(b) Tell what type of elasticity this is: unitary, elastic, or inelastic.(c) How would revenue be affected by a price increase

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Suppose that the demand for a product is given by 2p2q10,0009000p2.(a) Find the elasticity when p$50...
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